Natural gas slashes USA emissions: new report

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21 January 21, 11:11am Benefits of exports protected and security of local supply confirmed in new agreement: https://t.co/BTegyRgbJl
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by APPEALtd
11 January 21, 8:49am The arrival of Port Hedland’s first LNG-fuelled bulk carrier is an important development in the Australian shipping… https://t.co/ntMHEnHMIX
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6 January 21, 8:47am The Santos-operated Bayu-Undan joint venture has received a final investment decision for a drilling program in the… https://t.co/Nb0SxREiQO
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by APPEALtd
2 January 21, 9:55am Supportive policy investment and operating environments are essential to capture the next wave of growth for the Au… https://t.co/LR42Fvniy8
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by APPEALtd

Energy-related carbon dioxide emissions continue to decline in the United States thanks to increasing use of cleaner-burning natural gas.

A new report by the US Energy Information Administration (EIA) confirms the growing switch from coal to gas-fired electricity was the biggest contributor to a 1.7 per cent fall in US energy-related emissions last year.

The report found that while electricity generation grew by about one percent between 2005 and 2016, related carbon emissions fell by 24 percent. More than 63 per cent of that reduction is due to the shift to natural gas.

APPEA Chief Executive Dr Malcolm Roberts said Australia should seek to emulate the success of the US in reducing its emissions through increased use of gas.

“The US has embraced natural gas and is reaping the rewards – abundant energy and lower greenhouse gas emissions,” Dr Roberts said.

“Here in Australia, our biggest gas users – Victoria and New South Wales – have imposed bans or restrictions on gas development even though maintaining energy security means we need more gas-fired generation, not less.

“Like the US, Australia is blessed with abundant natural gas. Unlike the US, we lack the political will to develop it.”

Dr Roberts said the financial impact of anti-gas policies was recently highlighted by the Australian Competition and Consumer Commission which warned that Victorians were paying a 25 per cent premium for their gas due to the development ban imposed by the State Government.

The EIA report can be found here.