Report
Louisiana Energy Policy Simulator Insights: Current Emissions Trajectory, NDC Scenario
New modeling using the Louisiana Energy Policy Simulator finds the state’s economy-wide emissions will increase 30 percent by 2050 compared to 2020 under business-as-usual, not including proposed industrial facilities. But ambitious climate policies across Louisiana’s buildings, power, industrial, land use, and transportation sectors could reduce emissions 97 percent by 2050, create 111,000 new job-years in 2030, and avoid approximately 2,300 premature deaths by 2050.
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Benefits Of The Build Back Better Act’s Methane Fee
Energy Policy Simulator modeling finds the Build Back Better Act’s fee on methane emissions is responsible for 60 percent of the Act’s reduction of industrial greenhouse gas emissions from 2023 to 2050 and would boost the economy, creating more than 70,000 jobs by 2050 and increasing gross domestic product by more than $250 billion from 2023 to 2050.
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Modeling The Infrastructure Bills Using The Energy Policy Simulator
Modeling of the Build Back Better Act and Infrastructure Investment and Jobs Act using the Energy Policy Simulator finds these bills would cut annual emissions 1,067 MMT to 1,510 MMT and reach 70 to 85 percent clean electricity by 2030. If a Clean Electricity Performance Program is not included, emissions reductions fall to just 854 to 1,059 MMT with 61 to 69 percent clean electricity by 2030.
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