Energy Transitions and Financial Measures
■ Coal
U.S. CO2 Emissions Have Declined Since 2007 While GDP Grew ~45%
Primarily due to converting coal power generation to natural gas generation
KINDER MORGAN
U.S. ELECTRICITY GENERATION MIX
% of total generation
23%
22%
18%
7
U.S. CO2 EMISSIONS FROM ENERGY CONSUMPTION
billion metric tons
-17%, -1.0 billion metric tons
5
7%
22%
4
40%
2
49%
20%
2007
■Natural gas
2022
1
3
6
5.0
5.0
5.1
5.2
5.3
5.3
5.5
5.6
5.6
5.7
5.9
5.8
5.8
5.9
6.0
6.0
5.9
6.0
5.8
5.4
5.6
5.4
5.2
5.4
5.4
5.3
5.2
5.1
5.3
5.1
4.6
4.9
5.0
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
Power emissions -36%,
-900 million metric tons
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
Obama 2025 goal
Biden 2030 goal
Renewables ■ Other
■from coal electric power
■from natural gas electric power
from other electric power
from other sectors
Under the original Paris Agreement, U.S. was to reduce 2005-level CO2 emissions 26-28% by 2025
Source: U.S. EIA Electricity Data Browser (net generation) & Monthly Energy Review (April-2023); World Bank, Development Indicators, GDP, U.S.$ current.
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