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U.S. Carbon Emissions Lowest Since 1992

POSTED BY: GEEZER
UPDATED: Monday, August 20, 2012 08:42
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Sunday, August 19, 2012 12:54 PM

GEEZER

Keep the Shiny side up


Yep.

Quote:

A shift away from coal and reduced gasoline demand coupled with a mild winter led to an 8 percent drop in U.S. carbon dioxide emissions during the first quarter of 2012, reports the Energy Information Administration.

Emissions between January and March 2012 were the lowest since 1992.

Emissions from coal were down 18% to 387 million metric tons, the lowest for any quarter since April-June 1986. Low natural gas prices have led more utilities burn less coal for electricity generation.




http://www.greatnewsnetwork.org/index.php/news/article/u.s._carbon_emi
ssions_lowest_since_1992
/

And it wasn't governmental mandates or environmental conciousness...it was the market. Cleaner-burning natural gas was cheaper than coal, so folks used it.

Thank you, invisible hand, for cleaning up the air!!!!

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Sunday, August 19, 2012 3:14 PM

REDREAD

The poster formerly known as yinyang.


I wouldn't call this a win for free markets. While one invisible hand giveth, the other taketh away:

Quote:

[...] The question is whether the shift is just one bright spot in a big, gloomy picture, or a potentially larger trend.

Coal and energy use are still growing rapidly in other countries, particularly China, and CO2 levels globally are rising, not falling. Moreover, changes in the marketplace — a boom in the economy, a fall in coal prices, a rise in natural gas — could stall or even reverse the shift. For example, U.S. emissions fell in 2008 and 2009, then rose in 2010 before falling again last year.

Also, while natural gas burns cleaner than coal, it still emits some CO2. And drilling has its own environmental consequences, which are not yet fully understood.

[...]

Some worry that cheap gas could hurt renewable energy efforts.

"Installation of new renewable energy facilities has now all but dried up, unable to compete on a grid now flooded with a low-cost, high-energy fuel," two experts from Colorado's Renewable and Sustainable Energy Institute said in an essay posted this week on Environment360, a Yale University website.

How much further the shift from coal to natural gas can go is unclear. Bentek says that power companies plan to retire 175 coal-fired plants over the next five years. That could bring coal's CO2 emissions down to 1980 levels. However, the [Energy Information Agency] predicts prices of natural gas will start to rise a bit next year, and then more about eight years from now. [...]

read more: http://www.ajc.com/news/nation-world/ap-impact-co2-emissions-1501292.h
tml




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Sunday, August 19, 2012 8:43 PM

RIONAEIRE

Beir bua agus beannacht


Good, and we can do better still.

"A completely coherant River means writers don't deliver" KatTaya

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Monday, August 20, 2012 1:10 AM

KPO

Sometimes you own the libs. Sometimes, the libs own you.


Quote:

Cleaner-burning natural gas was cheaper than coal, so folks used it.

Due to shale gas, and fracking. Thank technology, not the market.

It's not personal. It's just war.

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Monday, August 20, 2012 3:00 AM

GEEZER

Keep the Shiny side up


Quote:

Originally posted by kpo:
Quote:

Cleaner-burning natural gas was cheaper than coal, so folks used it.

Due to shale gas, and fracking. Thank technology, not the market.



But technology is often a product of the drive to produce something more efficiently and at less cost - to provide an advantage in the market.

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Monday, August 20, 2012 4:17 AM

KPO

Sometimes you own the libs. Sometimes, the libs own you.


And sometimes technology is the product of targeted government-funded research and investment.

It's good that the market is acting to bring down energy costs, and (by chance in this case) to reduce CO2. The question is whether the market is acting fast enough. I would suggest that it isn't.

It's not personal. It's just war.

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Monday, August 20, 2012 8:37 AM

RIONAEIRE

Beir bua agus beannacht


Ew fracking.

"A completely coherant River means writers don't deliver" KatTaya

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Monday, August 20, 2012 8:42 AM

NIKI2

Gettin' old, but still a hippie at heart...


Quote:

The question is whether the market is acting fast enough. I would suggest that it isn't.
Amen.
Quote:

The question is whether the market is acting fast enough. I would suggest that it isn't.
Double amen.


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