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The Stakes for Energy Costs in Budget Reconciliation
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.
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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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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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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We find that US emissions under current policy are heading towards 12 to 20% below 2005 levels in 2025, a far cry from the US Paris commitment of a 26-28% reduction.
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While carbon pricing is gaining new momentum within a growing number of states, prices apply to only a fraction of total greenhouse gas (GHG) emissions and prices are relatively low.
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The footprint-based system of CAFE standards gives automakers flexibility to comply, even when gas is cheap and drivers opt for less efficient cars. But low oil prices make the standards themselves more important as a driver of fuel economy gains.
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What does the future hold for Hawaii? We find it is cheaper to accelerate the clean energy transition than cruise toward the 2045 renewables targets.
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What was already the largest blackout in American history has now likely become, in our analysis, the second largest blackout in the world.
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Energy-related emissions fell by 0.66% last year, half their 2005-2016 average rate. Power sector emissions continued to decline, but emissions from transport, buildings and industry all grew, offsetting half the decline in the power sector.
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After three years of decline, Chinese coal demand recovered modestly – up 3.3% year-on-year. Oil demand grew by 4.6% and natural gas by nearly 16% as Beijing stepped up its air pollution control efforts.
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In this initial scoping paper, Jason Bordoff and John Larsen lay out the set of issues to be addressed by identifying the key design choices to be made in implementing a carbon tax.
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The US appears on track to meet it’s 2020 emission reduction pledge under the 2009 Copenhagen Accord but will need to significantly accelerate the current pace of emission reductions to meet it’s Paris Agreement targets.
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President Trump came into office promising to bring about an American coal renaissance by rolling back Obama-era environmental regulations. After one year in office, how did he do?