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Reaching for 2030: Climate and Energy Policy Priorities

Authors: Center for Climate and Energy Solutions
Date: February 2023

The need to address climate change remains urgent. The passage of historic climate and clean-energy legislation in the past two years—the Infrastructure Investments and Jobs Act (IIJA), the CHIPS and Science Act, and the Inflation Reduction Act (IRA)—represents an important and critical down payment on U.S. climate action. Estimates project these policies could reduce U.S. greenhouse gas emissions 32 to 42 percent below 2005 levels in 2030. While this represents a significant first step toward meeting the U.S. goal under the Paris Agreement—50 to 52 percent reductions below 2005 levels by 2030 and net-zero emissions by 2050—much work remains in achieving this target. Realizing the full potential of recent advancements and accelerating progress toward a thriving, just, and resilient net-zero economy will require not only the strategic implementation of IIJA, IRA, and the CHIPS Act but also additional executive and legislative action.