Thursday, December 10, 2009

Recession puts U.S. halfway to emissions goal

The recession has slashed U.S. output of planet warming gases and puts the country on track to reach President Barack Obama's short-term emissions goal, but cutting the pollution further will take more effort as the economy recovers.

"Losing weight by starving is different than shedding pounds through exercise," said Kevin Book, an analyst at ClearView Energy Partners, LLC.

He said as the economy recovers electricity demand should rise, pushing up emissions from that sector. That will require the world's second largest emitter of greenhouse gases after China to move faster to low-carbon sources like renewable energy if Obama's short-term goal is to be met, he said.

Obama is expected to pledge next week at a U.N. climate meeting in Copenhagen that the United States will cut output of gases blamed for warming the planet, including carbon dioxide, roughly 17 percent below 2005 levels by 2020. (more)

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