United States Led Entire World In Reducing CO2 Emissions In 2019

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The United States led the entire world in reducing CO2 emissions last year while also experiencing solid economic growth, according to a newly released report.

“The United States saw the largest decline in energy-related CO2 emissions in 2019 on a country basis – a fall of 140 Mt, or 2.9%, to 4.8 Gt,” The International Energy Agency (IEA) reported on Tuesday. “US emissions are now down almost 1 Gt from their peak in the year 2000, the largest absolute decline by any country over that period.”

“A 15% reduction in the use of coal for power generation underpinned the decline in overall US emissions in 2019,” the IEA continued. “Coal-fired power plants faced even stronger competition from natural gas-fired generation, with benchmark gas prices an average of 45% lower than 2018 levels. As a result, gas increased its share in electricity generation to a record high of 37%. Overall electricity demand declined because demand for air-conditioning and heating was lower as a result of milder summer and winter weather.

The IEA noted that 80% of the increase in CO2 emissions came from Asia and that China and India both contributed significantly to the increase. – read more

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