Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you a link to reset your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Coal | Natural Gas | Oil

EIA forecasts 10% decline in US annual energy-related CO2 emissions in 2020, lowest in years

Electricity | Coal | Electric Power | Oil | Crude Oil | Refined Products | Gasoline | Coronavirus

Market Movers Americas, Oct 19-23: US midstream watching election runup, COVID resurgence threatens gasoline demand

Oil

Platts Market Data – Oil

Capital Markets | Commodities | Energy | Electric Power | Electric Power Risk | Natural Gas | Banking | Infrastructure | Structured Finance

Global Power Markets Conference, 35th Annual

Coal | Coking Coal | Oil | Refined Products | Metals | Steel | Raw Materials

Analysis: China's import halt of Australian met coal could come at a cost to Chinese steelmakers

EIA forecasts 10% decline in US annual energy-related CO2 emissions in 2020, lowest in years

Highlights

Projected total for 2020 below 5 billion mt

EIA forecasts 4.8% increase in CO2 in 2021

Historic low came in 1983

Houston — The Energy Information Administration has forecast a 10% annual decline in US energy-related carbon dioxide emissions in 2020 to below the 5 billion mt level for the first time since 1991.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The decline is the result of less energy consumption related to COVID-19 mitigation efforts, the Sept. 24 "Current Issues and Trends" report said. The EIA also forecast a 4.8% CO2 emission increase in 2021, "as the economy recovers and energy use increases."

The EIA forecast for 2020 is for 4.61 billion mt of CO2 emissions, a decrease of 512 million mt from the 2019 level of 5.13 billion mt.

The projected decrease comes on the back of a projected 274 million mt drop in CO2 emissions from "petroleum and other liquid fuels," as well as a 197 million mt drop in CO2 emissions from coal and a 41 million mt decline in CO2 from natural gas.

The last time that annual US energy-related carbon dioxide emissions were below 5 billion mt was in 1991, when the total came to 4.99 billion mt.

The amount of energy-related carbon emissions grew steadily in the 1990's and early 2000s until it reached the 5.99 billion mt mark in 2005. It topped the 6 billion mt mark two years later, in 2007, for the first and only time.

Ten years later, in 2017, the annual total of energy-related emissions totaled 5.13 billion mt, a decline of 873 million mt, or roughly 14.5%, compared to the peak year of 2007.

Records since 1975

EIA forecasters are saying that in 2021 they expect a 196 million mt, or 4.8% increase in CO2 emissions compared to 2020.

The bulk of the increase, the report projects, will come from a 183 million mt increase in CO2 from petroleum and other liquid fuels, in other words from the transportation sector.

It is projecting, as well, a 114 million mt increase in CO2 from coal, from 879 million mt in 2020 to 993 million mt in 2021, which it believes will be partially offset by a 74 million mt year over year decline in CO2 from natural gas.

The projected 2021 total of 4.84 billion mt, however, is still on the historic low side.

The EIA first began publishing annual energy-related CO2 emission data in 1975. The previous all-time low came 1983, when 4.37 billion mt of CO2 emissions were reported.That was the year that a global oil glut took hold and demand began to fall.

Carbon Dioxide Emissions by Fuel (million of metric tons)
2018
2019
2020F
2021F
Petroleum and other liquid fuels
2,374
2,354
2,080
2,263
Natural gas
1,636
1,689
1,648
1,574
Coal
1,260
1,076
879
993
Total Energy
5,281
5,130
4,618
4,841
F=forecast
Source: EIA Short-term Energy Outlook