IHS Chemical Week

People & Business :: Energy and Feedstocks

Study Finds Federal Rules Insufficient to Meet GHG Reduction Goals

2:40 PM MDT | July 27, 2010 | Vincent Valk

A new study by the World Resources Institute (WRI; Washington, DC) has found that existing federal and state authority is insufficient to meet the Obama administration's stated greenhouse gas (GHG) emissions reduction goals. The Obama administration reached a non-binding agreement in Copenhagen in December to reduce U.S. GHG emissions 17% by 2020 and 83% by 2050. However, even in the best-case scenario, WRI projects that existing rules can only cut emissions by 14% through 2020. The group did not forecast to 2050 due to difficulties in projecting technological...

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