U.S. Carbon Emission Declines: Recessions Beat Cap-and-Trade

Given the year-over-year economy-induced decline was saw last year in U.S. carbon emissions, maybe we should gun for a longer and deeper recession/depression. It would certainly outpace anything we’re likely to get from cap-and-trade and another such expensive and complex stuff. The following is based on data from a recent Netherlands report:

carbon-decline

 

As an aside, by my calculations U.S. carbon emissions declined last year roughly on par with the entire annual emissions of Spain. Maybe we should make that the new unit of measure: We’re going for a Spain in emission reductions.