
A new report from the Rhodium Group, a research firm that models greenhouse gas emissions, brings good news and bad news. First, the bad: U.S. emissions increased by just over 1 percent last year, making 2022 the second consecutive year of carbon emissions growth since the American economy began recovering from the early months of the COVID-19 pandemic.
The good news is that there are signs that the U.S. economy is already starting to kick its addiction to planet-warming emissions, even before the implementation of the landmark clean energy law passed by Congress last year. Although carbon emissions grew in 2022, the 1.3 percent year-over-year growth was far smaller than the 6.2 percent surge in 2021. More significantly, emissions didn’t rise as fast as overall economic output, indicating that the U.S. economy became less carbon-intensive even as it roared back to life after the 2020 lockdowns.
The main reason for this increasing divergence between economic growth and emissions growth is the decline of coal power, which is by far the most carbon-intensive form of electricity generation. As coal plants across the U.S. have shuttered over the past decade, natural gas plants have largely opened up to replace them. While natural gas is a fossil fuel, burning it produces around half the emissions that burning coal does.
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