Thursday, November 5, 2015
Bloomberg Philanthropies-Backed Report: U.S. Electric Sector Expected To Hit Lowest CO2 Emissions In 20 Years
The U.S. electric sector is expected to hit its lowest carbon emissions since 1995 this year, partly due to the widespread closure of coal-powered power plants over the past five years, a Sierra Club report released Wednesday found.
The analysis, also backed by Bloomberg Philanthropies, found that the electric sector is on track to total just 1,983 million metric tons this year, marking the first time the sector's carbon emissions have fallen below 2 billion metric tons in two decades.
Following the failure of the Waxman-Markey bill, a piece of climate legislation Congress failed to pass in 2010, the Sierra Club and Bloomberg Philanthropies doubled down on their Beyond Coal campaign to "circumvent a gridlocked Congress and work directly in states and with local community groups." . . .