Research using the Colorado Energy Policy Simulator developed by Energy Innovation and RMI evaluates the state’s current climate policies, finding the state will fall short of its greenhouse gas reduction goals with emissions likely to decrease just 18 percent by 2050 unless additional policies accelerate Colorado’s clean energy transition. Implementing additional policies across the transportation, buildings, industrial, land, and agricultural sectors would put Colorado on the IPCC’s recommended pathway to limit warming to 1.5 degrees Celsius. By 2050, the policies in this package would reduce emissions more than 95 percent, create more than 36,000 job-years, and add $7.5 billion to the state’s economy per year.
Colorado Energy Policy Simulator Insights: Current Emissions Trajectory, 1.5°C Scenario
New modeling using the Colorado Energy Policy Simulator finds the state is off-track for its own climate goals with emissions likely to decrease just 18 percent by 2050. But strategic building, industry, and transportation sector policies would put Colorado on a 1.5° Celsius pathway, generate more than 36,000 job-years annually, and increase state GDP by $7.5 billion per year in 2050.
