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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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Over the coming week, Western sanctions on Iranian oil exports formally take effect.
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In January of this year US emissions came in 13% below 2005 levels, and power sector emissions were down by more than 17% – achieving the 2020 target eight years early.
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In this note, we provide a roundup of recent government and industry projections and will explore what these various American energy futures mean for the US economy and national security in the weeks and months ahead.
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Our March 7 analysis of the relationship between gasoline prices and political affiliation elicited considerable feedback and some great questions. So I’ve run some additional numbers and attempt to answer some of the queries we’ve received.
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With average US gasoline prices approaching $4 per gallon, markets are trying to gauge the impact of high oil costs on a fragile US economic recovery. Some analysts have argued that surging unconventional oil production in North America will make this price spike less harmful than those in the past. But for the political class, it’s not the nation-wide picture that matters as much as what’s happening state-by-state. And it’s here that the domestic oil boom has particularly interesting effects.
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Washington and Brussels are trying to curb Iranian oil revenue in a bid to convince Tehran to abandon its nuclear weapons program. But it appears financial sanctions imposed by the West are having a more immediate impact on what Iran buys from abroad rather than what it sells. Reports this week suggest Iranian companies are finding it increasingly difficult to import food, raising the specter of a political crisis ahead of the parliamentary elections on March 2nd. Tehran is trying to a get around the issue by bartering food for oil, but a close look at the data suggests this will only be a partial solution at best.
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The US and Europe are stepping up the pressure on Iran by going after the country's oil exports. RHG's Trevor Houser and Shashank Mohan assess what this means for global oil markets in the coming year.
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Reactions to the results of the annual UN climate change conference that wrapped up last week in South Africa have been all over the map. This wide range of reactions is understandable, as there wasn’t one agreement reached in Durban, but three. And the value of each of those agreements depends entirely on your view of how best to tackle climate change
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As the annual UN climate change conference begins in Durban, RHG's Trevor Houser assesses the prospects the US will be able to deliver on its share of a $100 billion climate finance pledge.