A report by consulting firm Rhodium Group showed that US greenhouse gas emissions will increase by 1.3% and (5.6 billion tons of CO2 equivalent) in 2022, which is contrary to the goals of the Paris Climate Agreement.
Emissions increased in the construction and transport sectors, as well as in industry, said Financial Times.
The article emphasized that in 2022 the USA will retain its status as the second largest source of greenhouse gas emissions after China. The increase in US CO2 emissions of 74 million tons was larger than the total emissions of some European countries, but much smaller than the 6.5% jump (350 million tons) in 2021.
However, the growth in emissions was expected to be greater.
"With a small increase in emissions in 2022, the US continues to lag behind in its efforts to meet the Paris Climate Agreement's goal of cutting greenhouse gas emissions 50-52% below 2005 levels by 2030," the report said. – US emissions were only 15.5% below 2005 levels.”
It is noted that the movement of the US to the climate goals in 2022 has become more difficult against the background of the global energy crisis. Thus, the volume of oil exports from the United States has increased and the volume of crude oil production is expected to increase to a record high in 2023. Natural gas production and exports also hit records in 2022.
The report emphasized that more aggressive policies are needed to meet the US climate goals.
The authors explained that emissions from heating and cooling buildings increased by 6% in 2022. And emissions from electricity production decreased by 1% due to the increase in "green" generation and the replacement of coal with natural gas.
The material noted that according to forecasts of the International Energy Agency, global CO2 emissions from burning fossil fuels will increase by less than 1% in 2022, thanks to the popularization of electric cars and the increase in renewable energy capacity.
Earlier, EcoPolitic wrote, that the administration of US President Joe Biden and Vice President Kamala Harris announced the allocation of $3.7 billion to start the American carbon dioxide removal industry from the atmosphere
As EcoPolitic previously reported, the US Senate approved a draft law that provides for over $400 billion of investment to combat climate change, reduce inflation, and improve access to health care.