The Myth of Vanishing CO2 Emissions

The challenges of reducing U.S. carbon dioxide (CO2) emissions by one gigaton by 2020, as demanded by legislation before the U.S. Senate in 2008.

The piece begins by asking: “How can the world reconcile its growing energy needs and reduce the extreme poverty of 1.6 billion people with demands to reduce CO2 emissions?” and conclude that “[t]he bottom line is that a growing population and growing economy are not compatible with lower emissions, given the state of today’s technology and the technologies that could be in the market in the next decade. Proponents of cap and trade legislation should be held accountable for reconciling their assertions with economic, energy and technology realities.”

The paper identifies the level of reductions being demand by the presidential candidates and by legislation in the Senate and compares those emission reduction targets with the steps necessary to achieve CO2 emission reductions of a gigaton or more in 12 years.

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