Carbon Dioxide Emissions Fall in U.S., Rise in Europe

by Julie Walsh on February 21, 2008

in Blog

Carbon dioxide (CO2) emissions in the United States fell by 1.8 percent in 2006, compared to a 0.3 percent increase in emissions in the European Union (EU), according to newly released data from the U.S. Energy Information Administration.

The new data confirm the continuing success of market-oriented, voluntary greenhouse gas emissions programs in the U.S. versus European cap-and-trade mandates.

The stark difference occurred even though the two economies grew at a near-identical pace in 2006, roughly 3 percent for the year.

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