Rhodium Group
For The Closing The Gap Project
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Amount$200,000
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Program
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Date Awarded4/1/2021
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Term12.0 Months
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Type of SupportProject
Strategies
Overview
This project will inform U.S. and international decision makers and stakeholders about how much U.S. climate policy action can achieve with regard to greenhouse gas emissions reductions, and what additional actions may be required to drive deployment of key technologies to achieve deep decarbonization by midcentury. Rhodium will conduct two analyses for public distribution: the first will quantify the combined impact of spending, regulations, and state actions on net U.S. greenhouse gas emissions, and the second will identify priority areas of policy development after 2021. (Substrategy: U.S. National Policy)
About the Grantee
Grantee Website
www.rhg.com
Address
5 Columbus Circle, Suite 1801, New York, NY, 10019, United States
Grants to this Grantee
for a clean energy investment tracker
Rhodium Group is an independent research provider, combining economic data and policy insight to analyze global trends. Through this grant, Rhodium Group, working with scholars at MIT, will help develop and maintain a comprehensive, independent, publicly available tracking system for new investments supported by the climate, energy, and infrastructure legislation passed by the U.S. Congress. Data will be provided on a quarterly basis, and disaggregated by sector and by geography. No such system currently exists. It will enable a more accurate assessment of the efficacy of the legislation and associated policy. (Substrategy: U.S. National Policy)
for China’s low-carbon transition
This grant is to support Rhodium Group to strengthen economic analysis of China’s low-carbon transition. Given the low-carbon agenda’s dominant role in China’s political space, and China’s pivotal point during the current economic slowdown, Rhodium Group will use this grant to continue a multiyear initiative to reconcile a conventional growth policy, necessary for the transition to China’s low-carbon economy future. (Substrategy: China National Policy)
for accelerating the European energy transition
Rhodium Group will provide objective research and analysis to inform the public debate about policies, in both Europe and the U.S., that seek to reduce European reliance on natural gas imports while meeting climate change goals. (Substrategy: Electrification)