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While the data is only preliminary, this uptick in emissions shows that the US remains behind its target of reducing GHG emissions from 50% to 52% below 2005 levels by 2030 set by the Paris Agreement.
Last year, emissions reached only 15.5% below 2005 levels.
To meet the 2025 target of 26% to 28% below 2005 levels and get back on track for the 2030 Paris goal, the US needs to significantly increase its efforts.
Fortunately, there are some bright spots.
For one thing, despite last year's rise in emissions, GDP growth outpaced the increase in GHG emissions in 2022, as opposed to 2021.
Plus, the passage of the Inflation Reduction Act (IRA) is a significant turning point, and we may start to see its effects on emissions as early as this year if the government can fast-track implementation, with progress expected to accelerate by 2025.
Investors can help achieve this goal by targeting investments centered around decarbonization.Selected Grant News Headlines
New data from Statistics Canada signals a troubling trend in Canada's food manufacturing sector.From 2021 to 2023, just 67.7 per cent of food processing businesses introduced at least one innovation,...more
Department of Energy (DOE), the budget reflects a targeted reorientation of funding toward technologies that align with the administration's energy, industrial and national security priorities.The...more
"World Calls on China to Lead": Urgent Climate Demands Escalate Ahead of Pivotal Global Sustainability Transition Conference.China is positioned to lead global climate action with its dominance in...more
Circular construction is about rethinking how we build, renovate, and repurpose urban spaces.By extending the life of building materials from existing structures the hope is to reduce waste generated...more
Laura Magana, PhD, is president and CEO of the Association of Schools and Programs of Public Health.Her talk will focus on how public health systems can proactively shape policies, environments and...more
Backed by catalytic capital, Co-Axis is set to transform climate and health solutions where theya€™re needed most."By connecting values-driven capital with curated impact opportunities, we...more
The Social Emotional Active Learning (SEAL) program is designed to build empathy, emotional awareness and key social skills through active learning.The SEAL program uses games, props and situational...more
Boulder Climate Ventures is a graduate-level program that connects students primarily from business, engineering and science backgrounds to a growing network of experts, researchers and entrepreneurs...more
The UN's Science, Technology and Innovation Forum marks 10 years of bridging frontier knowledge and policy for sustainable development.World leaders will join pioneering scientists, innovators,...more
Foundation: Gates Foundation
Rich countries 'owe it to the world' to get themselves down to net zero emissions: Bill Gates.He called for the world to be more bold with innovation investments that seek to combat climate...more
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.