Global energy policy analysis to achieve near-term climate goals in the United States

Abstract

In 2021, the United States declared its Nationally Determined Contribution (NDC) in preparation for the COP26 climate summit, setting goals to achieve zero emission electricity by 2035, and reducing net emissions by 50–52% compared to 2005 levels. The current U.S. energy policies were found to not be adequate to meet these goals, thus it is necessary to draft a pathway to achieving these goals through policy changes. This study focused on foreign energy policies to analyze the most effective policies in a host of sectors. By identifying the most ambitious and effective policies from around the world in each sector, this study was able to suggest a policy pathway that can potentially achieve both of the goals set in the NDC. In guiding the development of the proposed policy pathway, this study analyzed policies from Australia, Canada, California, China, Denmark, France, Germany, Japan, Russia, South Korea, Sweden, the United Kingdom, and the United States. This study found that the most drastic CO2 reductions came from low-carbon electricity policy, but contributions were also made from carbon capture, reforestation, hydrogen, energy efficiency, and climate smart agriculture.

Keywords

• Global climate policy
• Climate policy
• Energy
• Nuclear energy
• Renewable energy
• Energy efficiency