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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
When it comes to environmental, social, and governance (ESG) issues, many investors are looking to invest in companies that have a positive social or environmental impact.
But when it comes to...more
"To differentiate and compete, you really have to pay attention to technology," says Chat Reynders, CEO of Reynders, McVeigh Capital Management.
"It was becoming clear to me that our tech wasn't...more
"Take a jigsaw puzzle of our planet, an amazing planet, and you'll have amazing pieces to fit there.
Rivers, oceans, land, people, 8 million species, and they all exist in perfect harmony," says...more
Craig Lewis used to be a pro basketball player.
Now he's a tech entrepreneur.
Lewis founded Gig Wage, a company that helps workers earn extra money by using facial recognition technology, and...more
There's a huge market for solar power in India, and it's thanks in large part to government incentives, reports the Wall Street Journal.
In fact, the country had just one megawatt-hour of solar...more
Treehugger's list of the world's top tree-huggers is out, and it includes a company that's "one of the world's biggest tree-huggers," per Business Insider.
That would be British telecom company...more
Treehugger's list of the world's top tree-huggers is out, and it includes a company that's "one of the world's biggest tree-huggers," per Business Insider.
That would be British telecom company...more
"If you want to have impact, then IT, healthcare, and industrials will be the core three elements."
That's what Anna V ? n ? 'nen, head of listed impact equity at AXA Investment Managers, has to...more
Foundation: GlobalGiving
"The main threat is the long-standing lack of sufficient funding for healthcare systems," Ota Akhigbe writes at the Conversation.
"This funding gap means millions cannot get basic health care,...more
"We are so used to being almost permanently online that we don't really appreciate what we have and do not really know what to do when we're not," Joni Mitchell wrote in her 1970s song "Big Yellow...more
Social Entrepreneurship
Spotlight
Social Enterprise HandiConnect Wins Audacious Award in New Zealand
Social enterprise, HandiConnect, wins the Audacious-Business Idea competition’s Doing Good category. The company is spearheaded by University of Otago entrepreneurship master’s student Nguyen Cam Van.
