Carbon Neutrality Should Not Be the End Goal: Lessons for Institutional Climate Action From U.S. Higher Education

Aggressive climate action pledges from governments, businesses and institutions have increasingly taken the form of commitments to net carbon neutrality. Higher education institutions (HEIs) are uniquely positioned to innovate in this area, and over 800 U.S. colleges and universities have pledged to achieve net carbon neutrality. Eleven leading U.S. HEIs have already attained this status. Here, we examine their approaches to achieving net carbon neutrality, highlighting risks associated with treating emissions reduction approaches such as carbon offsets, renewable energy certificates, and bioenergy as best practice in isolation from broader policy frameworks. While pursuing net carbon neutrality has led to important institutional shifts toward sustainability, the mix of approaches used by HEIs is out of alignment with a broader U.S. decarbonization roadmap; in aggregate, these carbon neutral schools underutilize electrification and new zero-carbon electricity. We conclude by envisioning how HEIs can refocus climate mitigation efforts towards decarbonization (with net carbon neutrality as a possible milestone), with an emphasis on actions that will help shift policy and markets at larger scales

Emissions and Energy Impacts of the Inflation Reduction Act

If goals set under the Paris Agreement are met, the world may hold warming well below 2 C; however, parties are not on track to deliver these commitments, increasing focus on policy implementation to close the gap between ambition and action. Recently, the US government passed its most prominent piece of climate legislation to date, the Inflation Reduction Act of 2022 (IRA), designed to invest in a wide range of programs that, among other provisions, incentivize clean energy and carbon management, encourage electrification and efficiency measures, reduce methane emissions, promote domestic supply chains, and address environmental justice concerns. IRA's scope and complexity make modeling important to understand impacts on emissions and energy systems. We leverage results from nine independent, state-of-the-art models to examine potential implications of key IRA provisions, showing economy wide emissions reductions between 43-48% below 2005 by 2035

Emissions and energy impacts of the Inflation Reduction Act

Economy-wide emissions drop 43 to 48% below 2005 levels by 2035 with accelerated clean energy deployment

Data for Bistline, et al. (2023) "Power Sector Impacts of the Inflation Reduction Act of 2022"

<p>These files contain input assumptions, results, and figures associated with the Bistline, et al. (2023) article "Power Sector Impacts of the Inflation Reduction Act of 2022" in <i>Environmental Research Letters</i>. Please refer to the original paper for details: https://doi.org/10.1088/1748-9326/ad0d3b</p&gt

Power sector impacts of the Inflation Reduction Act of 2022

The Inflation Reduction Act (IRA) is regarded as the most prominent piece of federal climate legislation in the U.S. thus far. This paper investigates potential impacts of IRA on the power sector, which is the focus of many core IRA provisions. We summarize a multi-model comparison of IRA to identify robust findings and variation in power sector investments, emissions, and costs across 11 models of the U.S. energy system and electricity sector. Our results project that IRA incentives accelerate the deployment of low-emitting capacity, increasing average annual additions by up to 3.2 times current levels through 2035. CO _2 emissions reductions from electricity generation across models range from 47%–83% below 2005 in 2030 (68% average) and 66%–87% in 2035 (78% average). Our higher clean electricity deployment and lower emissions under IRA, compared with earlier U.S. modeling, change the baseline for future policymaking and analysis. IRA helps to bring projected U.S. power sector and economy-wide emissions closer to near-term climate targets; however, no models indicate that these targets will be met with IRA alone, which suggests that additional policies, incentives, and private sector actions are needed