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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
Fast fashion is here to stay, at least according to a new report from the European Commission, which notes that by 2050, the fashion industry is expected to be responsible for more than one-third of...more
The global impact investing market was valued at $478.15 billion in 2023, and is expected to reach $550.52 billion by 2024, at a compound annual growth rate (CAGR) of 15.1%, according to a new...more
India and Indonesia are two of the world's fastest-growing countries, with working-age populations that "far outweigh some of the region's largest economies," according to Ian Samson, a portfolio...more
Italy's national electricity grid is looking to the futureand it's using drones to help it do so.
The country's national electricity grid, Terna, plans to invest $50 million in Italian startups...more
If you're an investor in Nigeria's stock market, you're in for a big surprise at a conference next month.
The director general of the country's security and exchange commission, Emomotimi Agama,...more
The Peace Corps has been operating in Nepal since its founding 62 years ago, but the country's civil war in the mid-'80s forced the agency to lay off most of its workers, the New York Times...more
Foundation: Case Foundation
Jean Case, who rose to fortune and fame as an executive at American Online, has been a fan of impact investing since before it had that name.
It looks to invest in projects and companies that...more
Marissa Feinberg is a PR and branding expert known for her work in the fields of social design, coworking, and psychedelic therapy, but she's now found herself in the spotlight for something else...more
Want to start a business in 2024? Finances.com has some ideas: VR Gaming Center: Virtual reality is a booming field, and a VR gaming center could take advantage of the $165.91 billion VR is expected...more
Foundation: Ontario Trillium Foundation 
"It helped me see that I can help guide, encourage, and...
connect with my children to be who they are meant to be in this world."
So says one mom of a 9-year-old who's now thriving after...more
Social Entrepreneurship
Spotlight
5 Steps to Social Innovation
While philanthropy, social responsibility and corporate governance all already play a role, we will probably see more powerful contributions when companies embed social innovation into their core business strategies and operations.
