Energy-related CO2 emissions declined by 2.8 percent in 2008

The Energy Information Administration has released its flash estimate for 2008 energy-related CO2 emissions here.  Factors that contributed to the 2.8% decline in CO2 (and a 2.2% drop in total energy use) include:

Energy prices

  • In 2008, gasoline and diesel prices were at their all-time peak level
  • Near the end of the year, despite lower energy prices, gasoline and diesel demand was dampened by a drop in consumer income

Lower economic growth

  • In 2008, GDP growth was a modest 1.1 percent
  • In the 4th quarter, GDP fell at an annual rate of 6.3 percent

I suppose this is one of the few “benefits” of the failed energy policies of conservatives, which led to soaring energy prices, and of the failed economic policies of conservatives, which led to the biggest recession since the Great Depression, and of the general lack of any strategy to restore American competitiveness, which led to a tremendous outsourcing of US jobs and manufacturing and emissions to China — see “U.S. carbon dioxide emissions growth during Bush years 300% higher than official estimates.”

And all of this conservative stagnation has set the stage for progressive action that will ensure peak U.S. CO2 are behind us forever (see “I predict U.S. carbon dioxide emissions peaked in 2007!“).

3 Responses to Energy-related CO2 emissions declined by 2.8 percent in 2008

  1. K L Reddington says:

    President Nixon was involved with the start up of the EPA. I suspect we will see increases in CO2 production again. I do understand that every time it rains, plants absorb more of it. High unemployment rates result in a sharp decrease in energy consumed for commuting. 10% unemployment will be less commuter miles than the previous administration employment growth periods.
    With President Bush we had a period of 60 some consecutive months of employment growth.
    We have a lot of ethanol plants in bankruptcy. They generate a lot of CO2 during brewing and CO2 at the tail pipe. This drop will also help.

  2. Steve H says:

    I’d hardly say the energy policy of conervatives failed. After all, it made its wealthy authors ridiculously wealthy, so it must have worked as planned.

  3. David B. Benson says:

    Gaslene prices going back up around here. Rather rapidly.