Climate Changed
Paris or Not, Economics Are Squeezing Carbon Out of Power Mix
- Coal-to-gas switching is reducing carbon on U.S. grid: BNEF
- Trump said he’s pulling U.S. out of landmark climate accord
Trump Announces U.S. Withdrawal From Paris Climate Accord
This article is for subscribers only.
In curbing global-warming emissions, economics will pick up where President Donald Trump left off.
Trump might have just pulled the U.S. out of the Paris climate accord, an international pact to fight global warming. But market forces will continue to squeeze carbon dioxide out of the U.S. power mix as generators replace costly and aging coal-fired units with cheaper, cleaner-burning natural gas ones, according to William Nelson, an analyst at Bloomberg New Energy Finance. And for every megawatt-hour of electricity produced from gas rather than coal, the U.S. is keeping about 0.6 metric ton of emissions out of the air, he said.