“According to data released recently by the Energy Information Administration (EIA), CO2 emissions from America’s electric power sector have dropped by more than 21% since 2007, reversing a multi-decade increase, and fell last year to the lowest level since 1993, more than 20 years ago,” according to AEI (see chart below).
It’s not wind and solar that are reducing gas emissions – they’re hardly a blip. It’s fracking of natural gas! We have already posted this information but in honor of Earth Day, we thought we’d post it again and send a shout out to the fossil fuel industry. In fact, in honor of them, I will turn on all my lights and leave them on all day and night.
Research by Oren Cass of The Manhattan Institute revealed the real force behind reducing US greenhouse gas emissions and it is Fracking!
Solar represents less than 1% of US electricity generation. Wind and solar power combined generated less electricity in the first half of 2015 than in 2014 and the investment in the industry has been flat for five years domestically and internationally according to the Institute.
US greenhouse gas emissions have fallen a great deal since they peaked in 2007 but the biggest cause is the fracking-led natural gas boom. While solar reduced CO2 emissions by 1%, natural gas reduced it by 20%.
Growth in wind and solar power has consistently fallen since 2008. Global investment has declined as well.
For every ton of carbon dioxide cut by solar power, fracking has cut 13 tons.
The Sierra Club admits, that the US has cut CO2 emissions more than any other country but they refuse to admit it is due to natural gas.
“Actual technologies that work at scale are ignored by activists in favor of their politically favored technologies” said Oren Cass, a Senior Fellow at the Manhattan Institute and the study’s lead author, in a phone interview with the Daily Caller.
Formal assessments from the Department of Energy have shown that the transition from coal to natural gas for electricity generation has been the single largest contributor to decline in US CO2 emissions.
Hydraulic fracturing of shale gas is creating an incredible amount of new natural gas production, making the United States the world’s largest and fastest growing producer of natural gas. It saved Obama’s economy.