May 30, 2014 - 1:20pm
On Monday 2 June, United States President Barack Obama announced new rules to reduce carbon pollution from American coal and gas power plants. It’s the latest effort by the world’s largest economy and second-largest emitter of greenhouse gases to make significant cuts in its carbon emissions.
The new rules will add to existing federal regulations, state-based carbon pricing and renewable energy investment which have helped US emissions fall 10 per cent since 2005. Nonetheless, rising gas prices have driven increased use of coal-fired power, resulting in a 2.4 per cent increase in emissions from energy use over the last year. These actions and others in the pipeline are necessary to put the US on track to achieve its target to cut national emissions by 17 per cent from 2005 levels by 2020.
For full details download the Research Brief below.