How the 2030 U.S. emissions target might stack up against other nations

If the U.S. does commit to slashing greenhouse gas emissions by about 50% below 2005 levels by 2030, the U.S. would compare favorably to other major economies, a report finds.

Why it matters: Consulting firm The Rhodium Group evaluated a 50% reduction target against the targets put forward so far by other nations, using different baselines as reference points. The results?

• The U.S. would fall behind the U.K. in its level of ambition, nearly on par with the EU, and well ahead of Canada, Australia and Japan.

Flashback: Environmental groups and more than 300 business leaders are calling on the Biden administration to adopt at least a 50% emissions cut as its 2030 target, which it's expected to unveil at or shortly before a virtual summit on April 22.

What we're watching: Whether Japanese Prime Minister Yoshihide Suga will use a state visit to Washington on Friday to announce a new, more stringent 2030 target.