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The US Has To Do More To Meet Its Carbon Emissions Reduction Goals

Our analysis shows that effective implementation of the IRA, the infrastructure act, and state policies would enable the United States to make significant progress toward achieving its near-term climate goals and yield substantial economic and public health benefits at the same time. Taken together, these federal and state initiatives could help cut total US heat-trapping emissions 34 percent below 2005 levels in 2030 and 53 percent by 2035, which would fall short of our 2030 targets but meet them a few years later. The IRA will stimulate most of the near-term private investment in clean energy and related infrastructure to decarbonize the US economy, spurring more than a trillion dollars in capital investments through 2035.
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