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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

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This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. An increase in natural gas generation offset some of the climate gains from this coal decline, but overall power sector emissions still decreased by almost 10%.

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EPA: US GHG emissions in 2017 down 0.3% from 2016

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from 2016, according to the US Environmental Protection Agency’s (EPA’s) latest Greenhouse Gas Inventory. The decrease in total greenhouse gas emissions between 2016 and 2017 was driven in part by a decrease in CO 2 emissions from fossil fuel combustion. In 2017, total gross U.S. greenhouse gas emissions were 6,472.3

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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. The decline was driven by a surge in shale gas supplies and more attractive renewable power that displaced coal.

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California ARB: GHG emissions fell below 1990 levels for first time in 2016; down 13% from 2004 peak; transportation emissions up 2%

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The California Air Resources Board (CARB) announced that greenhouse gas emissions in California in 2016 fell below 1990 levels for the first time since emissions peaked in 2004—a reduction roughly equivalent to taking 12 million cars off the road or saving 6 billion gallons of gasoline a year.

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EIA: CO2 emissions from US power sector have declined 28% since 2005

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The power sector has become less carbon-intensive as natural gas-fired generation displaced coal-fired and petroleum-fired generation and as the noncarbon sources of electricity generation—especially renewables such as wind and solar—have grown.

2005 414
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US and China jointly announce GHG reduction targets; US to cut net GHG 26-28% by 2025, China to peak CO2 by ~2030

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The Administration said the United States will submit its 2025 target to the Framework Convention on Climate Change as an “Intended Nationally Determined Contribution” no later than the first quarter of 2015. Carbon Capture and Storage (CCS) China Climate Change Policy Power Generation'

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3 Oil Majors That Bet Big On Renewables

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NASDAQ:TSLA) a run for its money thanks to its 2016 acquisition of battery company Saft. As we have pointed above, ENI has the most ambitious climate change pledge with plans to lower its greenhouse gas emissions by 80% by 2050. Further, natural gas can be used to keep the power grid stable as solar and wind power fluctuate.

Oil 418