The United States is projected to become a net energy exporter in most AEO2018 cases

(Mon, 12 Feb 2018) EIA projects that the United States will become a net energy exporter in 2022 in the newly released <em>Annual Energy Outlook 2018</em> (AEO2018) Reference case, primarily driven by changes in petroleum and natural gas markets. The transition from net energy importer to net energy exporter occurs even earlier in some sensitivity cases that modify assumptions about oil prices or resource extraction

U.S. energy-related CO2 emissions expected to rise slightly in 2018, remain flat in 2019

(Thu, 08 Feb 2018) EIA estimates that U.S. energy-related carbon dioxide (CO2) emissions declined by 861 million metric tons (14%) from 2005 to 2017. In the latest <em>Short-Term Energy Outlook</em>, EIA projects that CO2 emissions will rise 1.8%, from 5,143 million metric tons in 2017 to 5,237 million metric tons in 2018, then remain virtually unchanged in 2019. In 2019, energy-related CO2 emissions will be about 13% lower than 2005 levels.

California plans to reduce greenhouse gas emissions 40% by 2030

(Fri, 02 Feb 2018) In July 2017, California’s state legislature passed assembly bill (AB) 398 to reauthorize and extend until 2030 the state’s economy-wide greenhouse gas (GHG) reduction program. The bill sets a new GHG target of at least 40% below the 1990 level of emissions by 2030. As of 2015, about 86% of California’s GHG emissions were related to the consumption of energy.

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