Federal study: New climate law to slice carbon pollution 40%
2 years, 4 months ago

Federal study: New climate law to slice carbon pollution 40%

Associated Press  

Clean energy incentives in the new spending package signed this week by President Joe Biden will trim America’s emissions of heat-trapping gases by about 1.1 billion tons by 2030, a new Department of Energy analysis shows. The first official federal calculations, shared with The Associated Press before its release Thursday, say that between the bill just signed and last year’s infrastructure spending law, the U.S. by the end of the decade will be producing about 1.26 billion tons less carbon pollution than it would have without the laws. The Energy Department analysis finds that with the new law by 2030, U.S. greenhouse gas emissions should be about 40% lower than 2005 levels, which is still not at the U.S. announced target of cutting carbon pollution between 50% and 52% by the end of the decade. Most of the projected emissions reductions in the nearly $375 billion spending package would come in promoting “clean energy,” mostly solar and wind power and electric vehicles, the federal analysis said. The new law’s provisions that call for oil and gas leasing on federal land and water “may lead to some increase” in carbon pollution, the federal analysis said, but the other provisions to spur cleaner energy cut 35 tons of greenhouse gas for every new ton of pollution from the increased oil and gas drilling.

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