Rhodium Group’s Energy & Climate practice analyzes the effects of policy and market developments on greenhouse gas emissions and energy systems, and provides actionable information about the impacts of climate change.
Governments and businesses around the world are making commitments to achieve net-zero emissions in order to avoid the worst impacts of climate change, but on-the-ground action is lagging. Rhodium’s Energy & Climate practice helps public and private decision-makers understand what kind of climate future we are on track for, and what matters most for reducing greenhouse gas emissions—at the state, national, and international levels.
By combining policy expertise with a suite of detailed energy-economic models, our research provides unique, data-driven insights into the impacts of energy and climate change policy and real-world developments on greenhouse gas emissions, energy markets, economic output, and clean technology pathways.
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Decarbonization in the transportation sector faces three key barriers: cost, namely a “green premium,” a slow pace of stock turnover, and limits on the availability of feedstocks and fuels.
Report
The emerging industry of CDR encompasses an array of innovative solutions that are ready for takeoff. On top of climate change mitigation, industrial scaling will have widely distributed economic, social, and environmental benefits.
Courtesy of Charm Industrial
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Since peaking in 2004, US emissions have trended downward in a bumpy fashion. But after a significant decline in 2023, we estimate that 2024 emissions were down by just 0.2% year-on-year while the economy grew by 2.7%.
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Rolling back executive action on climate could raise average household energy costs, increase dependence on oil and gas imports, drive up GHG emissions, and put substantial levels of private investment at risk.
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We estimate that global GHG emissions rose in 2023 by 1.2% over the previous year, reaching 51.8 gigatons of CO2-equivalent on net. This follows a 1.0% increase in 2022 as countries recovered from the COVID-19 pandemic disruptions of 2020.
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Clean energy and transportation investment in the United States continued its record-setting growth in Q3 of 2024, reaching a new high of $71 billion.
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We set a foundation for 2035 expectations for G20 economies by comparing projected emissions under today’s baseline with prospective reductions that would be required to stay on a straight-line path from their 2030 NDCs to their mid-century targets.
Smoking pipes of thermal power plant on sunset
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This note is the second in a series of quarterly briefings comparing clean technology deployment and manufacturing trends in Europe and the United States as part of a collaboration between Bruegel and Rhodium Group.
Trustworthy, integrative data is at the core of Rhodium’s research and services. Our team uses a suite of custom-built datasets and energy-economic models to analyze the effects of policy and market developments on energy systems and greenhouse gas emissions at the international, US, and state levels.
The ClimateDeck—a partnership of Rhodium Group and Breakthrough Energy—provides global and US 50-state greenhouse gas (GHG) emissions inventory data and projections, energy market outlooks, and analysis of energy and climate policy developments.
The Clean Investment Monitor, a joint project with MIT’s Center for Energy and Environmental Policy Research, tracks public and private investments in the full landscape of climate technologies in the United States.
The Climate Impact Lab combines climate science, econometrics, and big data analytics to advance understanding of the real-world social impacts and economic costs of climate change.
Induced jobs are those resulting from increased spending by workers (e.g., an increase in restaurant workers due to project workers dining out).
Induced jobs are those resulting from increased spending by workers (e.g. an increase in restaurant workers due to project workers dining out).
In the absence of an announced mid-century target by Mexico, we charted an illustrative path from Mexico’s 2030 NDC to net-zero by 2060.
