The United States is having better luck at controlling its emissions than most other countries without the multi-billion-dollar mandates of the Kyoto anti-global warming treaty says Drew Thornley author of a new report Energy & the Environment: Myths & Facts published by the Manhattan Institute.
According to the U.S. Energy Information Administration (EIA):
• Carbon-dioxide emissions from the combustion of fossil fuels increased 0.7 percent in the United States from 2000 to 2006 far below the worldwide increase of 21.6 percent.
• During the same period emissions grew 4.9 percent in Europe 37.6 percent in the Middle East and 52.3 percent in Asia.
• Major developing nations saw big increases; for instance India Malaysia and Chinas emissions increased 27.7 percent 45.8 percent and 103 percent respectively.
In 2006 China passed the United States as the worlds biggest carbon emitter and its lead is growing daily:
• The EIA projects that Chinas energy-related emissions of carbon dioxide will exceed American emissions by almost 15 percent in 2010 and by 75 percent in 2030.
• In 1990 China and India together accounted for 13 percent of the worlds emissions; in 2005 their contribution was 23 percent; and in 2030 they are expected to account for 34 percent of the worlds emissions.
The best-known U.S. carbon-cutting legislation provides a good idea of just how costly such plans run:
• Americas Climate Security Act also known as the Lieberman-Warner bill called for emission reductions of 63 percent below the 2005 level by 2050 (President Obamas much more ambitious plan is to cut emissions 83 percent below 2005 levels by 2050.).
• The Environmental Protection Agency (EPA) projected that Lieberman-Warner could by 2050 lower gross domestic product (GDP) by up to 6.9 percent increase average gasoline prices by $1.40 per gallon and raise electricity prices by 26 percent. Many private economic estimates were considerably higher.
• The EPA projected that Americas Climate Security Act could by 2050 lower GDP by up to 6.9 percent increase average gasoline prices by $1.40 per gallon and raise electricity prices by 26 percent.
We have a growing population with growing energy needs. The last thing we should do is implement policies that will reduce the supply of energy. We need more energy and we need affordable energy. Adopting a carbon-cutting regime la Kyoto will give us neither says Thornley.
Source: Drew Thornley Emissions Control Myths and Realities American Enterprise Institute June 19 2009.
For text:
http://www.american.com/archive/2009/june/emissions-control-myths-and-realities
The United States is having better luck at controlling its emissions than most other countries without the multi-billion-dollar mandates of the Kyoto anti-global warming treaty says Drew Thornley author of a new report Energy & the Environment: Myths & Facts published by the Manhattan Institute.
According to the U.S. Energy Information Administration (EIA):
• Carbon-dioxide emissions from the combustion of fossil fuels increased 0.7 percent in the United States from 2000 to 2006 far below the worldwide increase of 21.6 percent.
• During the same period emissions grew 4.9 percent in Europe 37.6 percent in the Middle East and 52.3 percent in Asia.
• Major developing nations saw big increases; for instance India Malaysia and Chinas emissions increased 27.7 percent 45.8 percent and 103 percent respectively.
In 2006 China passed the United States as the worlds biggest carbon emitter and its lead is growing daily:
• The EIA projects that Chinas energy-related emissions of carbon dioxide will exceed American emissions by almost 15 percent in 2010 and by 75 percent in 2030.
• In 1990 China and India together accounted for 13 percent of the worlds emissions; in 2005 their contribution was 23 percent; and in 2030 they are expected to account for 34 percent of the worlds emissions.
The best-known U.S. carbon-cutting legislation provides a good idea of just how costly such plans run:
• Americas Climate Security Act also known as the Lieberman-Warner bill called for emission reductions of 63 percent below the 2005 level by 2050 (President Obamas much more ambitious plan is to cut emissions 83 percent below 2005 levels by 2050.).
• The Environmental Protection Agency (EPA) projected that Lieberman-Warner could by 2050 lower gross domestic product (GDP) by up to 6.9 percent increase average gasoline prices by $1.40 per gallon and raise electricity prices by 26 percent. Many private economic estimates were considerably higher.
• The EPA projected that Americas Climate Security Act could by 2050 lower GDP by up to 6.9 percent increase average gasoline prices by $1.40 per gallon and raise electricity prices by 26 percent.
We have a growing population with growing energy needs. The last thing we should do is implement policies that will reduce the supply of energy. We need more energy and we need affordable energy. Adopting a carbon-cutting regime la Kyoto will give us neither says Thornley.
Source: Drew Thornley Emissions Control Myths and Realities American Enterprise Institute June 19 2009.
For text:
http://www.american.com/archive/2009/june/emissions-control-myths-and-realities
