New Report Charts Path to Net-Zero Carbon Emissions by 2050, Recommends Near-Term Policies to Ensure Fair and Equitable Economic Transition and Revitalization of Manufacturing Industry
News Release
By Megan Lowry
Last update February, 2 2021
WASHINGTON — Achieving net-zero carbon emissions in the U.S. by 2050 is feasible and would not only help address climate change but also build a more competitive economy, increase high-quality jobs, and help address social injustice in the energy system, says a new report from the National Academies of Sciences, Engineering, and Medicine. The committee that wrote the report emphasized that immediate action and proactive innovation are required and recommended a portfolio of near-term policies to ensure equitable access to benefits generated as a result of this transition, mitigate harms to vulnerable populations and engage public participation in decision-making, and revitalize the U.S. manufacturing sector.
CO2 is the primary driver of climate change. Accelerating Decarbonization of the U.S. Energy System says most near-term reductions in emissions would come from the electricity sector, electrification of vehicles, and home heating. Other industries such as aviation, shipping, steel, cement, and chemicals manufacturing will need further innovation to achieve cost-effective decarbonization.
The report, the first of two, presents a technical blueprint and policy road map for the next 10 years of the nation’s transition to net-zero carbon emissions. Among other actions, the report calls on Congress and the executive branch to set an economy-wide emissions budget for the next several decades. Starting with a price of $40 per ton of carbon, increased annually by 5 percent, this budget will create an economic incentive to reduce carbon emissions and unlock innovation in every corner of the energy economy, according to the report.
To guide policymakers through the transition, the report lays out nine technological and socio-economic goals to reach by 2030:
- Producing carbon-free electricity. The nation needs to double the share of electricity generated by non-carbon-emitting sources to at least 75 percent. This will require deploying record-setting levels of solar and wind technologies, scaling back coal and some gas-fired power plants, and preserving operating nuclear plants and hydroelectric facilities where possible.
- Electrifying energy services in transportation, buildings, and industry. Fifty percent of new vehicle sales across all classes should be zero-emission vehicles. The U.S. should replace at least 20 percent of fossil fuel furnaces with electric heat pumps in buildings and initiate policies so that new construction is all electric except in the coldest climate zones. Where industrial processes cannot be fully electrified, they should begin the transition to low-carbon heat sources.
- Investing in energy efficiency and productivity. Total energy use by new buildings should be reduced by 50 percent. In existing buildings, energy used for space conditioning and plug-in devices should be lowered every year to achieve a 30 percent reduction by 2030. Goals for industrial energy productivity (dollars of economic output per energy consumed) should increase each year.
- Planning, permitting, and building critical infrastructure. The nation should increase overall electrical transmission capacity by approximately 40 percent in order to better distribute high-quality and low-cost wind and solar power from where it is generated to where it can be used across the country. The U.S. should also accelerate the build-out of the electric vehicle recharging network and initiate a national CO2 capture, transport, and disposal network to ensure that CO2 can be removed from point sources across the country.
- Expanding the innovation toolkit. The nation should triple the U.S. Department of Energy’s investment in clean energy research, development, and demonstration in order to provide new technology options, reduce costs for existing options, and better understand how to manage a socially just energy transition.
- Strengthening the U.S. economy. Studies estimate that the transition to a net-zero emissions economy could increase net employment by 1 million to 2 million jobs over the next decade and provide a net increase in jobs paying higher wages than the national average. Establishing a federal “Green Bank” to finance low- or zero-carbon technologies, business creation, and infrastructure would ensure industrial competitiveness.
- Promoting equity and inclusion. Policies should work to eliminate inequities in the current energy system that disadvantage historically marginalized and low-income populations. For example, the U.S. should increase funds for low-income households for home electrification and weatherization and for broadband Internet access for low-income and rural areas, and increase electrification of tribal lands.
- Supporting communities, businesses, and workers. Any fundamental technological and economic transition creates new opportunities as well as job losses and other associated impacts in legacy industries. Policies should promote fair access to new long-term employment opportunities and provide financial and other support to communities that might otherwise be harmed by the transition. Educational programs should be created to train the net-zero workforce, including a “GI Bill” style program. The report also recommends the creation of a two-year National Transition Task Force to assess the long-term implications of the transition for workers and communities, a White House Federal Office of Equitable Energy Transitions to act on that task force’s recommendations, and a new independent National Transition Corporation to provide support and opportunities for displaced workers and affected communities.
- Maximizing cost-effectiveness. A cost-effective strategy (balanced by equity considerations) will reduce carbon emissions, strengthen the U.S. economy, and avoid undue burdens on American households and businesses during the transition to a net-zero emissions economy. If the country can avoid spending more than necessary to achieve net-zero emissions, additional resources will be available to meet other societal needs.
“Because of dramatic decreases in the costs of renewable electricity and batteries, the U.S. can now — during the 2020s — make strides toward achieving a net-zero emitting energy system at a cost lower than investing in reduced air pollution alone,” said Stephen Pacala, the Frederick D. Petrie Professor of Ecology and Evolutionary Biology at Princeton University and chair of the committee that wrote the report. “Because the energy system impacts so many aspects of society, a transition to net-zero will have profound implications well beyond climate and energy — and it is paramount that we maintain a strong social contract to ensure this transition benefits all communities.”
The report also outlines policies targeting specific energy supply and distribution goals to allow the electric power system to depend upon flexible demand enabled by pricing reforms and infrastructure upgrades. In addition, to ensure markets for clean energy work for all, the U.S. should establish manufacturing standards for net-zero appliances, require recipients of federal funds and their contractors to meet labor standards, and enforce Buy America/Buy American provisions for federally funded activities.
“As efforts accelerate to confront the climate crisis, this report can guide decision-makers considering policies to get us to net-zero emissions that are supported by science across many disciplines,” said Marcia McNutt, president of the National Academy of Sciences. “This report is one of many studies and events planned at the National Academies this year to help leaders map evidence-based and equitable paths to solving the climate change challenge confronting our planet.”
The study — undertaken by the Committee on Accelerating Decarbonization in the United States: Technology, Policy, and Societal Dimensions — was sponsored by the Alfred P. Sloan Foundation, Heising-Simons Foundation, Quadrivium Foundation, Gates Ventures, ClearPath Foundation, and Incite Labs, with support from the National Academy of Sciences’ Thomas Lincoln Casey Fund, Arthur L. Day Fund, and Andrew W. Mellon Foundation Fund. The National Academies are private, nonprofit institutions that provide independent, objective analysis and advice to the nation to solve complex problems and inform public policy decisions related to science, technology, and medicine. They operate under an 1863 congressional charter to the National Academy of Sciences, signed by President Lincoln.
Contacts:
Megan Lowry, Media Relations Officer
Andrew Robinson, Media Relations Associate
Office of News and Public Information
202-334-2138; news@nas.edu
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