Part 2/8:
With a notable reduction of 8% in net greenhouse gas emissions in 2023—the largest decrease in decades (excluding the pandemic)—the EU is on track to meet its ambitious target of a 55% reduction by 2030. For comparison, the United States has only achieved a 3% reduction from 1990 levels, struggling to meet its Paris Agreement obligations for 2030. Under the Biden administration, the U.S. has accelerated its pace of decarbonization, attracting significant private investments and showcasing substantial clean energy deployment.