Hoyu Chong is a senior policy analyst for clean energy innovation at the Information Technology and Innovation Foundation. Prior to joining the ITIF, she worked as a practice area lead for Beacon Economics, focusing on clean energy, sustainability and development. She holds a master’s degree in economics from University of Southern California and a bachelor’s degree in business economics from University of California, Los Angeles.
In the Annual Energy Outlook 2022, the Energy Information Administration forecasts that if current policy and technology trends continue, U.S. energy-related emissions would decline only 2 percent from 2021 to 2050. The message is clear: To leap from a 2 percent decline to a 100 percent decline in GHG emissions, the United States must continue to encourage and support continued innovation in energy.