The working paper “Building Blocks for a Low-Carbon Economy: Catalytic Policy and Infrastructure for Decarbonizing the United States by 2050” has been prepared by Devashree Saha, Greg Carlock, Rajat Shrestha, John Feldmann, and Haley Leslie-Bole of World Resources Institute.

This working paper identifies key climate policies and investments and estimates their emissions-reduction potential and associated costs, which can enable the United States to reduce economy-wide greenhouse gas (GHG) emissions by 50–52% compared to 2005 levels by 2030 and reach net-zero GHG emissions by midcentury, the goals set by the Biden administration. Tax credits for existing and new low-carbon technologies, in combination with federal investment in climate-smart infrastructure, significantly improve the adoption of new technologies but are not enough by themselves to enable the country to reach its 2050 goal.

Download the paper here