See, now this is what tells you the EU will kill off their great global warming scam soon. The US has eliminated all the EU’s carefully crafted effort to sabotage US manufacturing advantage based on the 1990 Kyoto baseline (when the UK switch to gas and the impending collapse of hopelessly inefficient Soviet bloc industry ceded a huge effortless emission reduction to the EU). Good ol’ ‘murican “can do” and “know how” delivered the supposedly necessary carbon intensity reduction without gifting the EU the slightest industrial advantage. Now the failing EU will slink away with a “wasn’t necessary anyway…” and look for another way to tilt to global playing field in their favor. The only thing we know for sure is that it won’t be by working harder and outproducing America.
America’s carbon emissions may drop back close to 1990 levels this year. That result would have been thought impossible, even at the end of 2011. But the shale gas revolution makes a reality of many things recently thought impossible. Shale gas production has slashed carbon emissions and saved consumers more than $100 billion per year. Truly astonishing!
For US energy-related carbon emissions, fuel switching to gas is back to the future. After the first quarter, the USA’s 2012 emissions are falling sharply again and may drop to 1990 levels, or just slightly above that important milestone, according to data in EIA’s latest Monthy Energy Review.
America’s energy related carbon emissions fell about 7.5%, during the first three months of 2012 compared to the same period of 2011. And first quarter 2012 emissions are approximately 8.5% lower than emissions in the first quarter of 2010.
Total energy carbon emissions were 5,473 million tons in 2011 and last year fell below the 1996 mark of 5,501 million tons.
The first quarter 2012 reduction of 7.5% makes it possible that this year emissions will fall back essentially to the 1990 level of 5,039 million tons. That is shockingly good news.
The 1990 level of carbon emissions is an important measuring stick, as it is often used as a critical data point for judging progress in reducing a nation’s carbon emissions.