The National Academies of Sciences, Engineering, and Medicine will convene an ad hoc planning committee to organize a hybrid workshop to examine the relationship between decarbonization strategies and the macroeconomy. This workshop is the third in a series of workshops organized by the Roundtable on Macroeconomics and Climate-related Risks and Opportunities. The goal of this workshop is to distill key insights from scientific and economic research efforts that may inform equitable and effective public policy within the broader macroeconomic landscape. Specifically, this workshop will explore climate change mitigation pathways and transitions to decarbonization, their macroeconomic and socioeconomic implications, and, in turn, the role of the macroeconomy in achieving decarbonization policy goals. The workshop may include discussions on:

• Potential economic barriers that may affect decarbonization—including those stemming from finance, labor, and supply chains—and the role of policy in exacerbating or ameliorating those barriers.
• Methodologies for incorporating insights from the energy transition and energy systems modeling into macroeconomic models used for policy design.
• Local and regional distributional effects in the United States of decarbonization strategies on certain geographic, underserved, and vulnerable populations.
• The interplay among the U.S. economy, other nation’s energy transitions, and the global economy in the context of the global energy transition.

A proceedings of the workshop that describes the presentations and discussions will be produced by a designated rapporteur in accordance with institutional guidelines.