 Energy & Environment |
Energy & Environment |
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Current policies 'not enough' to cut global emissions: EIA |
Despite efforts to shift toward low-carbon energy sources like renewables, planet-warming emissions are expected to increase through mid-century, according to a U.S. analysis. |
The analysis, from the independent Energy Information Administration (EIA), said that current policies are "not enough" to cut global emissions from energy use. It said that population and income increases will "offset" the impacts of efficiency and lower-carbon intensity.
The burning of fossil fuels releases planet-warming emissions and is the main driver of climate change.
The United Nations's Intergovernmental Panel on Climate Change has said that the world needs to cut its emissions all the way down to carbon neutrality by 2050 to limit global warming to a level that evades some of the worst impacts of climate change. A closer look: - China will still be the "primary" source of carbon dioxide emissions through 2050, the EIA said, though its share of emissions are expected to decline.
- India is expected to be the second-biggest emitter by midcentury, a title currently held by the U.S.
- Globally, emissions from the transportation sector's energy use are expected to grow anywhere from 8 percent to 41 percent between 2022 and 2050, while emissions from the industrial sector's energy use are slated to grow by between 9 and 62 percent.
Read more in a full report at TheHill.com. |
Welcome to The Hill's Energy & Environment newsletter, we're Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. |
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How policy will affect the energy and environment sectors now and in the future: |
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ExxonMobil is buying Pioneer Natural Resources, resulting in a $59.5 billion all-stock transaction and boosting its fracking capabilities. It will be the largest acquisition for the fossil fuel colossus after Exxon bought Mobil two decades ago, according to The Associated Press. Pioneer Natural's buyout allows for Exxon's growth in the Permian Basin, a large oilfield in the Southwestern U.S. |
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The Supreme Court will not take up a lawsuit led by the state of Missouri that sought to block the Biden administration's "social cost of carbon" measure. |
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A winner in this year's Fat Bear Week has been crowned, and she's a "gutsy girl." |
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Branch out with a different read on The Hill: |
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The sole power plant in Gaza officially ran out of fuel and was shut down Wednesday amid fighting between Israel and the Palestinian militant group Hamas. |
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News we've flagged from other outlets touching on energy issues, the environment and other topics: |
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Fear and Anger Follow the Path of Joe Manchin's Mountain Valley Pipeline (Bloomberg)
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Quiz show: GOP deploys new climate messaging tactic (E&E News) Human emissions made deadly South American heat 100 times more likely (The Guardian)
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Two key stories on The Hill right now: |
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House Republicans on Wednesday nominated Majority Leader Steve Scalise (R-La.) to be the next Speaker, sending his candidacy to the House floor following Rep. Kevin McCarthy's (R-Calif.) stunning ouster last week, multiple lawmakers told The Hill. Read more |
| Rep. Nancy Mace (R-S.C.) donned a red "A" on her shirt Tuesday after her vote to oust former Speaker Kevin McCarthy (R-Calif.) left her feeling "demonized" on Capitol Hill, she said. Read more |
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Op-eds related to energy & environment submitted to The Hill: |
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You're all caught up. See you tomorrow! |
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