Thursday, July 5, 2012

CO2 Emissions Plummet, Thanks to Shale Gas

"For US energy-related carbon emissions, fuel switching to gas is back to the future." writes John Hanger. "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 Monthly Energy Review. ... Shale gas production has slashed carbon emissions and save consumers more than $100 billion per year. Truly astonishing!"

"What is most interesting is that this is market driven, not mandate driven," writes Anthony Watts, who graphed the EIA data (below). 




"The shale gas revolution and Barack Obama’s lousy economy, quipped John Hinderaker at powerlineblog.com, "have achieved what endless global warming conferences couldn’t..."

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