The Biden Administration’s Pledge to Cut U.S. Emissions in Half by 2030 Would Come with Serious Costs to the Economy: A CRES Forum Analysis
Cresforum
APRIL 22, 2021
Today, President Biden announced that the United States would pledge to reduce its greenhouse gas (GHG) emissions by at least 50 percent by 2030, compared to a 2005 base year. In 2005, President Biden’s baseline year, U.S. economy grew since 2005, the U.S. pledge under Paris. greenhouse gases. gigatons (Gt). To reach 3.0
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