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    US energy-related CO2 emissions to be unchanged in 2024 - EIA

Summary

U.S. energy-related carbon dioxide (CO2) emissions are expected to remain unchanged in 2024, as increased natural gas and petroleum emissions offset decreased coal emissions, the Energy Information Administration said in a monthly report on Tuesday.

by: Reuters

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Complimentary, Natural Gas & LNG News, Americas, Carbon, News By Country, United States

US energy-related CO2 emissions to be unchanged in 2024 - EIA

NEW YORK, Jan 9 (Reuters) - U.S. energy-related carbon dioxide (CO2) emissions are expected to remain unchanged in 2024, as increased natural gas and petroleum emissions offset decreased coal emissions, the Energy Information Administration said in a monthly report on Tuesday.

A 40 million metric ton (MMmt) expected decline in coal emissions will be offset by a nearly 30 MMmt increase in natural gas emissions and a 10 MMmt increase in petroleum emissions, the EIA forecast. CO2 emissions will then decline by 1.6% in 2025, the EIA said.

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Natural gas consumption is forecast to increase in 2024 in the residential and commercial sector because of a rise in demand for space heating, the EIA said.

In 2025, CO2 emissions for all fuels are expected to decline. Ongoing declines in coal-fired electricity generation are predicted to reduce CO2 emissions from coal by 50 MMmt.

Natural gas emissions are expected to decline by almost 10 MMmt, as electricity generation from renewable sources offset natural-gas fired generation, the EIA said.

CO2 emissions from petroleum will decrease because of growth in production and consumption of biodiesel and renewable diesel, which can be used as substitutes for traditional diesel. (Reporting by Stephanie Kelly Editing by Marguerita Choy)