This year is shaping up to be a very green for the American energy sector. U.S. power emissions are expected to fall to a two-decade low in light of the year of “de-carbonization”.
Bloomberg New Energy Finance reports that CO2 emissions from the power sector should drop to their lowest levels since 1994.
The factors most connect to this decline include:
- The instillation of more renewables than ever before—with around 18 new GW coming online.
- A record year for coal retirements—forecasting 23GW to come offline.
- The burning of more natural gas in 2015 than ever before.