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CMI Annual Report 2022

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targeted by the Biden Administration in the United States’<br />

National Determined Contribution to the UN Framework<br />

Convention on Climate Change. Yet gaps remain.<br />

Figure 1.1.<br />

Historical and modeled<br />

net U.S. greenhouse gas<br />

emissions, 2005-2035.2021).<br />

The REPEAT Project highlights the potential for additional<br />

emissions reductions by accelerating the retirement of<br />

remaining coal-fired power plants and substituting natural<br />

gas-fired power generation (~0.2 GtCO 2<br />

-e/year in 2030). This<br />

step could improve industrial process efficiency (~0.1 GtCO 2<br />

-e/<br />

year) and additional cost-effective abatement of methane<br />

pollution in the oil and gas sectors and make improvements in<br />

carbon uptake in agricultural and forestry lands (~0.2-0.3<br />

GtCO 2<br />

-e/year). In total, these measures could get the U.S.<br />

within striking distance of 2030 climate goals and on track for<br />

net-zero emissions by 2050.<br />

With support from the Hewlett Foundation, REPEAT plans<br />

annual updates in 2023 and 2024 on the United States’<br />

progress on the path to net-zero. This will include analyses of<br />

proposed and finalized federal regulations and a stock take of<br />

the latest changes in costs and macro-economic conditions.<br />

Find the latest analysis and data at repeatproject.org.<br />

15<br />

Carbon Mitigation Initiative Twenty-second Year <strong>Report</strong> <strong>2022</strong>

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