Rhodium Group’s Energy & Climate practice uses a multidisciplinary, data-driven approach to produce unique, independent insights into global energy dynamics, greenhouse gas emissions, and climate change.
We help 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 local, state, national, and international levels. By combining policy expertise with a suite of detailed energy-economic models, our research provides 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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Since the US enacted the IRA, manufacturing has emerged as the fastest-growing segment of investment in clean energy technologies. We assess the state of key clean technology supply chains for solar, wind, batteries, and electric vehicles.
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We estimate how much energy costs could rise for households and industry if Congress chooses to roll back and repeal key pollution regulations and energy tax credits.
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Next-generation geothermal energy has a number of advantages in meeting growing electricity demand from data centers. We estimate how much of this demand could potentially be served by geothermal over the next decade.
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This note is the third 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.
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Since the US enacted the IRA, manufacturing has emerged as the fastest-growing segment of investment in clean energy technologies. We assess the state of key clean technology supply chains for solar, wind, batteries, and electric vehicles.
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Using our newly developed Federal Investments in Energy Innovation database, we can, for the first time, observe what US public funding for research, development, demonstration, and deployment looks like by technology and stage.
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We estimate how much energy costs could rise for households and industry if Congress chooses to roll back and repeal key pollution regulations and energy tax credits.
Note
Next-generation geothermal energy has a number of advantages in meeting growing electricity demand from data centers. We estimate how much of this demand could potentially be served by geothermal over the next decade.
Note
This note is the third 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.
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In the final quarter of 2024, clean energy and transportation investment in the United States totaled $70 billion, reflecting a slight 1% decline from the previous quarter but a 6% increase from the same period in 2023.
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One key driver of sustained industrial emissions is the growth of emissions associated with petrochemical manufacturing in the US, which we estimate could rise by 6-32% by 2030 over today's levels.
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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.
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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%.
