US energy-related CO2 emissions expected to see first rise in 3 years

Source:U.S. Energy Information Administration

U.S. energy-related CO2 emissions in 2013 expected to be 2% higher than in 2012. Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2014

Once all data are in, energy-related carbon dioxide (CO2) emissions in 2013 are expected to be roughly 2% above the 2012 level, largely because of a small increase in coal consumption in the electric power sector. Coal has regained some market share from natural gas since a low in April 2013; however the impact on overall emissions trends remains fairly small.

Emissions in 2013 are slightly more than 10% below 2005 levels, a significant contribution towards the goal of a 17% reduction in emissions from the 2005 level by 2020 that was adopted by the current Administration. This level of reduction is expected to continue through 2015, according to EIA's most recent Short-Term Energy Outlook.

 Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2014

CO2 emissions from energy activities declined four out of six years since their 2007 peak, and were historically low (12% below the 2005 level) in 2012. From 2005 to 2013, the key energy-economic drivers of a changing U.S. energy landscape included:

  • Weak economic growth in recent years, dampening growth in energy demand compared to pre-recession expectations
  • Continuously improving energy efficiency across the economy, including buildings and transportation
  • High energy prices over the past four years, with the exception of natural gas, since about 2010
  • An abundant and inexpensive supply of natural gas, resulting from the widespread use of new production technologies for shale gas
  • Power sector decarbonization since 2010, as natural gas and renewables displaced coal

Principal contributors: Yanna Antypas, Tyson Brown

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs