President Joe Biden delivers remarks during a climate event at the White House complex on November 14th, 2023, in Washington, DC. | Photo by Win McNamee / Getty Images

Greenhouse gas emissions are falling in the US thanks to major investments in clean energy and transportation — but it’s not happening fast enough, a new report shows. As a result, the US isn’t on track to meet the ambitious climate goals set by the Biden administration as the president enters his final months in office. Political upheaval and soaring electricity demand from AI, crypto, and EVs risk pushing those goals further out of reach.

The latest forecast on clean energy and climate progress in the US, from research firm Rhodium Group, paints a sobering picture of what’s at stake this election season. The Biden administration has managed to push through landmark climate legislation that could get rid of a significant chunk of…

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