Thanks Fracking: America Leading The World In Carbon Emission Reductions
From the Wall Street Journal (via Nevada Watchdog):
U.S. carbon-dioxide emissions have fallen dramatically in recent years, in large part because the country is making more electricity with natural gas instead of coal.
Energy-related emissions of carbon dioxide, the greenhouse gas that is widely believed to contribute to global warming, have fallen 12% between 2005 and 2012 and are at their lowest level since 1994, according to a recent estimate by the Energy Information Administration, the statistical arm of the U.S. Energy Department.
Here’s a fact: Hydraulic fracturing, which has set off a boom in natural gas production which, in turn, is leading to lower emissions from electrical generation has done more to reduce America’s carbon emissions than all the solar panels and all the wind turbines and all the ethanol ever subsidized into existence.
And it happened not because the government mandated it, or because the government subsidized it, but because of private sector innovation and invention.