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Surprise Side Effect Of Shale Gas Boom: A Plunge In U.S. Greenhouse Gas Emissions
Forbes ^ | 12/7/2012 | Julie M. Carey

Posted on 12/09/2012 4:20:38 AM PST by EBH

In the first quarter of this year, U.S. carbon emissions hit a 20-year low. As Figure 1 below demonstrates, the U.S. has observed substantial reductions in CO2 emissions over the last five years. These reductions contrast with the increases in CO2 emissions that the Energy Information Administration forecasted in 1998 when the U.S. was considering committing to CO2 emissions reductions in the Kyoto Agreement. At the time of these discussions, the EIA estimated that CO2 emissions would increase at a rate of approximately 1.3 percent annually through 2020. In fact, to reach the Kyoto Agreement target for 2012, the U.S. would have needed to reduce CO2 emissions to 7 percent below 1990 levels—to approximately 4,700 million metric tons.

Fast forward to 2012: The U.S. achieved approximately 70% of the CO2 emissions reductions targeted under Kyoto (as compared to the 1998 EIA CO2 forecast). That’s substantial progress.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Culture/Society; Extended News
KEYWORDS: climatechange; ghg; globalwarming; globalwarminghoax; kyoto
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To: EBH

How can it be a minor thing?

Economic activity = energy use.
That’s just a basic fact.

from the article : “the U.S. has observed substantial reductions in CO2 emissions over the LAST FIVE YEARS”

Coincidence? I think not.

Plus, the author does not seem to factor in the oil/coal energy used to extract natural gas from shale plus transportation costs.


21 posted on 12/09/2012 9:18:13 AM PST by Lorianne (fedgov, taxporkmoney)
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To: EBH; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; alrea; America_Right; ..
DOOMAGE!

Global Warming PING!

You have been pinged because of your interest in environmentalism, alarmist wackos, mainstream media doomsday hype, and other issues pertaining to global warming.

Freep-mail me to get on or off: Add me / Remove me

Please ping me to all note-worthy threads on global warming.

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22 posted on 12/09/2012 5:54:29 PM PST by Tolerance Sucks Rocks (Obama should change his campaign slogan to "Yes, we am!" Sounds as stupid as his administration is.)
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