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>