BloombergNEF: US on track to meet Paris climate goals, but economic rebound could change that

Read the full story at Utility Dive.

The U.S. cut carbon emissions by the largest margin on record during 2020, according to the ninth Sustainable Energy in America Factbook by the Business Council for Sustainable Energy and BloombergNEF.

The 9% decrease in emissions puts the U.S. on track to achieve the 2025 Paris climate goal; however, a return to normal economic conditions could cause emissions to rebound, particularly as the transportation sector recovers, according to Ethan Zindler, Head of Americas for BloombergNEF.

Zindler said he expected the power sector, which did not see as great a decline in demand during the pandemic, was likely to continue to decarbonize despite the likelihood of increased emissions in the future from other industries.

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