The Climate Leadership Council’s Emissions, Revenues, and Technology (CERT) model examines how a carbon price would contribute to emissions reduction in the new U.S. policy environment. Since 2020, a wave of legislation has reshaped America’s energy and climate landscape. Nonetheless, a sober assessment of U.S. emissions reduction targets reveals that achieving these goals remains difficult. CERT examines future U.S. energy and economic trends, including the supply and demand of liquid and gaseous fuels, electricity, technology deployment across the economy and energy sector, federal revenues, and climate policies changing the pathway for decarbonization.