Reliance on Carbon Declines as Economic Growth Accelerates

Washington Examiner: “The United States economy is growing while using less energy … according to a report released Wednesday.”

“Electricity use and economic growth has effectively ‘decoupled,’ meaning using more power isn’t necessary to drive gross domestic product, said a report released by Bloomberg New Energy Finance and the Business Council for Sustainable Energy. Electricity demand growth has averaged zero annually from 2007 through 2014. Energy efficiency has improved 54 percent since 1990 and 11 percent since 2007 when measuring GDP per unit of energy consumed.”

“Natural gas production and consumption also hit record U.S. highs last year, and renewable energy provided 13 percent of electricity in the U.S., up from 8 percent in 2007, said the report, ‘The Sustainable Energy in America Factbook.'”

Washington Post: “The figure above shows a measure of energy productivity: As GDP has increased since 1990, primary energy consumption has not kept pace. Indeed, the new report notes that from 2007 to 2014, electricity demand has actually been flat, despite the economic rebound. And over the same time period, overall carbon emissions coming from the energy sector declined by nine percent.”

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