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Three Key Outcomes of the “One Big Beautiful Bill Act” on US Manufacturing and Innovation
The budget reconciliation bill passed by the House has important implications for US technology investment, manufacturing, and innovation.
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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The budget reconciliation bill passed by the House has important implications for US technology investment, manufacturing, and innovation.
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The House Ways and Means Committee's proposed language will raise energy costs for American households by as much as 7% in 2035, stifle energy technology innovation, increase pollution, and could put significant investment at risk.
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In the first quarter of 2025, clean energy and transportation investment in the United States totaled $67.3 billion, a 6.9% increase from the same period in 2024 but a 3.8% decrease from the previous quarter.
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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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One of the primary goals of President Biden's American Jobs Plan is to create millions of new jobs through new federal investments in clean infrastructure. This note focuses on the electric power sector.
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As part of its Build Back Better plan, the Biden administration has a goal to get to 100% clean electricity in 2035. We explore ways in which congressional clean energy infrastructure investments can accelerate decarbonization.
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As most of the world experienced economic contraction in 2020, China’s industrial-led recovery kept the nation in positive territory. As a result, China is also the only major economy to experience an increase in emissions last year.
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We've been tracking how the pandemic has impacted economic activity in the world’s four largest emitters—the US, the EU, China, and India—and the degree to which their stimulus spending has been directed toward green measures.
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A leading argument for the use of a global social cost of carbon in the US has been the reciprocal effect of climate action in the US on the behavior of other countries.
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While efficiency improvements and vehicle electrification can cut transport emissions by up to two-thirds by 2050, low-GHG liquid fuels are needed to fill the remaining gap.
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Throughout 2020, we've been tracking real-time energy and emissions implications of COVID-19. Based on preliminary economic and energy data, we estimate that this historic shock to economic activity led to a 10.3% drop in US emissions in 2020.
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Congress passed a raft of legislation funding the government for 2021 and much-needed COVID-19 fiscal relief. As part of this legislative push, Congress also included the first major climate legislation in over a decade.
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If carbon emissions and associated damages are left unaddressed, the climate crisis will not only become more costly to global health and the global economy, but also will exacerbate inequality within the US and around the world.
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In the US, there has been growing interest in sector-specific market-based performance standards as pathways to decarbonization, but a major gap in the sectoral standard landscape is industry.