From the FINANCIAL TIMES:
The shale gas boom in the US has led to a big drop in its carbon emissions, as power generators switch from coal to cheap gas.
According to the International Energy Agency, US energy-related emissions of carbon dioxide, the main greenhouse gas, fell by 450m tonnes over the past five years – the largest drop among all countries surveyed.
Fatih Birol, IEA chief economist, attributed the fall to improvements in fuel efficiency in the transport sector and a “major shift” from coal to gas in the power sector. “This is a success story based on a combination of policy and technology – policy driving greater efficiency and technology making shale gas production viable,” Mr Birol told the Financial Times…
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EDITOR: Pennsylvania has the good fortune to be a prime source of this new energy but our governor, Tom Corbett, refuses to tax it as do other states. He reported received over a million dollars towards his gubernatorial campaign from Marcellus Shale interests.
