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Posted Tue Nov 8 2011: from Earth Policy Institute:
U.S. Carbon Emissions Down 7 Percent in Four Years: Even Bigger Drops Coming
Between 2007 and 2011, carbon emissions from coal use in the United States dropped 10 percent. During the same period, emissions from oil use dropped 11 percent. In contrast, carbon emissions from natural gas use increased by 6 percent. The net effect of these trends was that U.S. carbon emissions dropped 7 percent in four years. And this is only the beginning. The initial fall in coal and oil use was triggered by the economic downturn, but now powerful new forces are reducing the use of both... In August, the American Economic Review -- the country's most prestigious economics journal -- published an article that can only be described as an epitaph for the coal industry. The authors conclude that the economic damage caused by air pollutants from coal burning exceeds the value of the electricity produced by coal-fired power plants. Coal fails the cost-benefit analysis even before the costs of climate change are tallied.
[Read more stories about: coal issues, climate impacts, carbon emissions, health impacts, oil issues]
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'Doc Michael says:
RIP ... Rest In Pollution

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