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Perspective: The Role of Offsets in Climate Change Legislation

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This article shows that including offsets in climate change legislation would likely make an emissions program more cost-effective by: (a) providing an incentive for non-regulated sources to generate emission reductions; and (b) expanding emission compliance opportunities for regulated entities. Assuming the offset is legitimate—i.e.,

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EIA: CO2 emissions from US power sector have declined 28% since 2005

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The power sector has become less carbon-intensive as natural gas-fired generation displaced coal-fired and petroleum-fired generation and as the noncarbon sources of electricity generation—especially renewables such as wind and solar—have grown. In 2005, noncarbon sources accounted for 28% of the US electricity mix.

2005 414
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EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

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Overall, US energy-related CO 2 emissions have fallen 15% from their peak of 6,003 MMmt in 2007. in 2019, but power sector CO 2 emissions fell by even more (-8.2%), largely because of increases from renewable sources such as wind and solar. Total net electricity generation fell by 1.5%

2019 273
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California 2017 GHG inventory shows 1.2% total drop from 2016; transportation sector emissions up 1%

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Emissions from transportation sources were relatively constant from 2002 through 2007, declined through 2013, then increased by 9.0 Biofuels such as ethanol, biodiesel, and renewable diesel can displace fossil fuels and reduce the amount of fossil-based CO 2 emissions released into the atmosphere. Source: ARB.

2017 230
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Global Wind Power Capacity Grew 28.8% in 2008; 120.8 GW Total

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Global wind energy capacity grew by 28.8% GW at the end of 2008, according to the Global Wind Energy Council. More than 27 GW of new wind power generation capacity came online in 2008, 36% more than in 2007. New US wind energy installations totalled 8,358 MW for a total installed capacity of 25,170 MW.

2008 150
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Alberta Renewable Diesel Demonstration Shows Successful Cold-Weather Use of Biodiesel and Renewable Diesel Blends

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The recently concluded Alberta Renewable Diesel Demonstration (ARDD), Canada’s largest cold-weather study of bio-derived diesel fuels, demonstrated the successful on-road use of low-level blends of biodiesel (fatty acid methyl ester, FAME) and hydrogenated-derived renewable diesel (HDRD) in a range of Canadian climatic conditions.

Renewable 150
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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Fifty years later, the USA is faced with a similar challenge, energy independency and climatic change. On December 16, 2010 the US DOE Energy Information Agency (EIA) published a report projecting that renewable energy will still only constitute 12 percent of the USA’s energy sources by 2035. Source: EIA. Click to enlarge.

Renewable 220