Policy measures key to US net-zero goal
The new administration has set lofty low-carbon ambitions but must take radical action to overhaul the nation’s energy mix
President Joe Biden’s pledge for the US to achieve net-zero emissions by no later than 2050 will rely on innovative policies that foster low-carbon investment, retain jobs and safeguard national energy security, agreed a panel at CeraWeek by IHS Markit. “If we think that just putting a few temporary incentives and manufacturing tax credits in place is going to grow a green energy economy, we are sorely mistaken,” says Sarah Ladislaw, senior vice president and director of the climate change programme at thinktank the Center for Strategic and International Studies. “We just do not have the policy certainty in the US.” Ladislaw points to the state capitalist policies currently being implemented
Also in this section
11 October 2024
Industry investing in significant pipeline infrastructure to further improve the efficiencies of its network and cut costs
10 October 2024
The Gulf Energy Information Excellence Awards 2024 celebrated the industry's top innovators at a gala in Houston, recognising achievements in categories ranging from digital transformation to sustainability
10 October 2024
Either Donald Trump or Kamala Harris will enter the White House as president in January 2025, and the gulf between their energy and climate policy agendas will have global implications