"Not since 1994 have U.S. CO2 emissions been as low as they were in 2012, according to a new report by Bloomberg New Energy Finance. Output of the heat-trapping gas fell 13 percent in the past five years, putting the country well on its way to meeting President Obama’s target of cutting emissions 17 percent from 2005 levels by 2020. By the end of last year, U.S. CO2 emissions were already down 10.5 percent from the 2005 baseline....
Coal represented just 18.1 percent of all U.S. power sources in 2012, down from 22.5 percent in 2007."...
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'No other country matched US 2012 CO2 reduction':
1/4/13, “An American Triumph: US Carbon Emissions In 2012 Fall 4% & 12% From Peak Level In 2007,” John Hanger.blogspot.com
Through September 2012, carbon emissions were "down every month in 2012, when compared to each of the first 9 months of 2011 and 2010. No other country matches that record.
www.eia.gov/totalenergy/data/monthly/pdf/sec12_3.pdf/sec12_3.pdf/."
EIA US emissions 1973 through Sept. 2012
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India is planning 455 new coal plants, China 363:
1/19/12, "More than 1,000 New Coal Plants Planned Worldwide," Damian Carrington, UK Guardian
"More than 1,000 coal-fired power plants are being planned worldwide, new research has revealed.,
The huge planned expansion comes despite warnings from politicians, scientists and campaigners that the planet's fast-rising carbon emissions must peak within a few years if runaway climate change
is to be avoided and that fossil fuel assets risk becoming worthless if
international action on global warming moves forward....
The capacity of the new plants add up to 1,400GW to global greenhouse gas emissions, the equivalent of adding another China – the world's biggest emitter.
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India is planning 455 new plants compared to 363 in China, which is seeing a slowdown in its coal investments after a vast building programme in the past decade....
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JP Morgan Chase has provided more than $16.5bn (£10.3bn) for new coal plants over the past six years, followed by Citi ($13.8bn).
Barclays ($11.5bn) comes in as the fifth biggest coal backer and
the Royal Bank of Scotland ($10.9bn) as the seventh. The Japan Bank for International Co-operation was the biggest development bank ($8.1bn), with
the World Bank ($5.3bn) second.
Guy Shrubsole, at Friends of the Earth, said of the WRI report:
"This is a scary number of coal-fired plants being planned. It is clear that the vested interests of coal companies are driving this forward and that
they will have to be reined in by governments.""...
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Guy Shrubsole, at Friends of the Earth, said of the WRI report:
"This is a scary number of coal-fired plants being planned. It is clear that the vested interests of coal companies are driving this forward and that
they will have to be reined in by governments.""...
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"Source: Energy Information Administration, International Data Base, http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=1&pid=7&aid=1 and http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=1&pid=1&aid=2"
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1/29/13, "China Uses Nearly as Much Coal as Rest of World Combined, EIA Says," Wall St. Journal, Cassandra Sweet
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Above, August, 2007: “China’s industrial growth depends on coal, plentiful but polluting, from mines like this one in Shenmu, Shaanxi Province, behind a village store,” NY Times.
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News of US CO2 plunge has been described as:
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