E&E News: "Federal Forecasters See Plunging Energy-Related CO2 Emissions"

This story discusses the findings of the Energy Information Administration's 2023 annual energy outlook, which were presented during an RFF Live event on March 16.

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Date

March 17, 2023

News Type

Media Highlight

Source

E&E News

In its 2023 annual energy outlook, the federal statistical agency said US energy-related CO2 emissions could fall by as much as 38 percent by 2030 compared to 2005 levels, driven by greater deployment of renewables in the power sector, increased electrification and higher equipment efficiencies.

At an event hosted by the nonprofit Resources for the Future, EIA officials said energy-related CO2 emissions would be higher in a scenario that didn’t include the Inflation Reduction Act, the $369 billion clean energy law that President Joe Biden signed last August.

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