The Role of Markets in Reaching Net Zero

Seven months after the Conference of Parties to the Paris Agreement concluded its meeting in Abu Dhabi with significant agreements to begin a “just and orderly” transition away from fossil fuels, triple renewable energy use, and increase energy efficiency, the world is facing rising emissions. According to the UN, even if all countries comply fully with their current plans for emissions reductions, greenhouse gas emissions will rise 9% above 2010 levels by 2030.  

What about the US? How can the US make progress now to achieve net zero by 2050 while ensuring reliable, affordable access to the energy the US and the world need for economic growth?

This webcast, building on CED’s earlier work on climate and energy, will focus on the essential role of market mechanisms and innovation in driving adoption and ensuring that the world does not lose sight of the ultimate goal: to shift the energy mix while also driving growth and human prosperity. Business plays a key role in the energy transition and private sector innovation in addressing climate change is essential to the task.

By attending, you will learn:

  • The essential role of market mechanisms in the energy transition.
  • The role for incentives such as those in the Inflation Reduction Act and how they can spur the energy transition.
  • How regulation can help – or hinder – the transition.
  • The potential for greater use of renewables and nuclear power.
  • How US efforts at emissions reductions must be joined by those of other major emitters.
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The Role of Markets in Reaching Net Zero
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CED POLICY WATCH

The Role of Markets in Reaching Net Zero

MAY 16, 2024

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Seven months after the Conference of Parties to the Paris Agreement concluded its meeting in Abu Dhabi with significant agreements to begin a “just and orderly” transition away from fossil fuels, triple renewable energy use, and increase energy efficiency, the world is facing rising emissions. According to the UN, even if all countries comply fully with their current plans for emissions reductions, greenhouse gas emissions will rise 9% above 2010 levels by 2030.  

What about the US? How can the US make progress now to achieve net zero by 2050 while ensuring reliable, affordable access to the energy the US and the world need for economic growth?

This webcast, building on CED’s earlier work on climate and energy, will focus on the essential role of market mechanisms and innovation in driving adoption and ensuring that the world does not lose sight of the ultimate goal: to shift the energy mix while also driving growth and human prosperity. Business plays a key role in the energy transition and private sector innovation in addressing climate change is essential to the task.

By attending, you will learn:

  • The essential role of market mechanisms in the energy transition.
  • The role for incentives such as those in the Inflation Reduction Act and how they can spur the energy transition.
  • How regulation can help – or hinder – the transition.
  • The potential for greater use of renewables and nuclear power.
  • How US efforts at emissions reductions must be joined by those of other major emitters.

CED Policy Watch

Policy Watch explores relevant topics where business meets US domestic policy. Join experts at the Committee for Economic Development of The Conference Board and prominent policy makers as they dissect the impact of timely decisions from the nation's capital.

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