U.S. carbon emissions lowest since 1994

(OILPRICE) — A new report, written by Bloomberg New Energy Finance for the Business Council for Sustainable Energy (BCSE), has shown that carbon dioxide emissions in the US in 2012 were at their lowest levels since 1994.

Carbon emission levels have fallen by 13% since 2007, and a total of 10.7% since 2005. This means that the US is now more than half way to achieving President Obama’s goal of cutting emissions by 17% from 2005 levels before 2020.

This news works to support Obama and his environmental and renewable energy position, a stance that he has received criticism for over the years. It will also boost the credentials of the US in international global climate negotiations.