As the U.S. Olympic team gets set to compete against the best athletes from around the world in London later this month, there’s at least one event for which the U.S.A. appears to have already won the gold.
According to a new report from the Paris-based International Energy Agency, the United States has had “the largest reduction [of emissions] of all countries or regions” since 2006, cutting GHGs by a staggering 7.7 percent.
How’d we do that, you might ask? Unfortunately, the economic slowdown definitely had something to do with it. But you know what played an even bigger role than that? The development of natural gas from shale. In fact, the environmental benefits of natural gas from shale are so significant that carbon emissions dropped last year to levels not seen since 1996. Based on data from the Energy Information Administration, emissions this year are declining even further – with some suggesting that 2012 levels may come in below 1990 levels – the target set under Kyoto.