Not a Paris Accord signatory but the US is the best performer

The International Energy Agency (IEA) said this week that the United States achieved the largest absolute decline in GHG emissions in 2019. Once again proving that one doesn’t need to sign up to the Paris Accord to achieve reductions and pay for other nations who can’t get their own house in order. Isn’t it funny how the free market is more efficient than feel good regulation where tokenism is enough?

The IEA wrote,

“…a fall of 140 Mt, or 2.9%, to 4.8 Gt. US emissions are now down almost 1 Gt from their peak in the year 2000, the largest absolute decline by any country over that period. A 15% reduction in the use of coal for power generation underpinned the decline in overall US emissions in 2019. Coal-fired power plants faced even stronger competition from natural gas-fired generation, with benchmark gas prices an average of 45% lower than 2018 levels. As a result, gas increased its share in electricity generation to a record high of 37%. Overall electricity demand declined because demand for air-conditioning and heating was lower as a result of milder summer and winter weather.a fall of 140 Mt, or 2.9%, to 4.8 Gt. US emissions are now down almost 1 Gt from their peak in the year 2000, the largest absolute decline by any country over that period. A 15% reduction in the use of coal for power generation underpinned the decline in overall US emissions in 2019. Coal-fired power plants faced even stronger competition from natural gas-fired generation, with benchmark gas prices an average of 45% lower than 2018 levels. As a result, gas increased its share in electricity generation to a record high of 37%. Overall electricity demand declined because demand for air-conditioning and heating was lower as a result of milder summer and winter weather.”

Now if only people would pick on China to get it to reduce its emissions which are, by its own admission, not stopping until 2030 at the earliest.

Perhaps Australia should ponder the fact that although we have all of the raw inputs on our door step to lower emissions and cut electricity prices, we think tokenism via renewables is the way forward.

Yes, we’re often thrown stats that renewables could have powered ‘x’ number of homes for ‘y’ number of days but the reality is taking a snapshot at the rare attainment of “peak” output and celebrating it as though it is the average is misleading. That is why so many countries, including Japan, are building more coal-fired power stations.

FNF Media thinks that renewables should be true to the zero emissions cause and be built under guidelines that they mustn’t use any materials from the fossil fuel world nor use coal or gas fired electricity in their production. On top of that recycling of wind and solar must be included in the price.

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