U.S headed for massive decline in carbon emissions

The energy efficiency revolution that is now under way will transform everything from lighting to transportation. With lighting, for example, shifting from incandescent bulbs to the newer light-emitting diodes (LEDs), combined with motion sensors to turn lights off in unoccupied spaces, can cut electricity use by more than 90 percent. Los Angeles, for example, is replacing its 140,000 street lights with LEDs—and cutting electricity and maintenance costs by $10 million per year.

The carbon-cutting movement is gaining momentum on many fronts. In July, the Sierra Club—coordinator of the national anti-coal campaign—announced the hundredth cancellation of a proposed plant since 2001. This battle is leading to a de facto moratorium on new coal plants. Despite the coal industry's $45-million annual budget to promote "clean coal," utilities are giving up on coal and starting to close plants. The Tennessee Valley Authority (TVA), with 11 coal plants (average age 47 years) and a court order to install over $1 billion worth of pollution controls, is considering closing its plant near Rogersville, Tennessee, along with the six oldest units out of eight in its Stevenson, Alabama, plant.

TVA is not alone. Altogether, some 22 coal-fired power plants in 12 states are being replaced by wind farms, natural gas plants, wood chip plants, or efficiency gains. Many more are likely to close as public pressure to clean up the air and to cut carbon emissions intensifies. Shifting from coal to natural gas cuts carbon emissions by roughly half. Shifting to wind, solar, and geothermal energy drops them to zero.

State governments are getting behind renewables big time. Thirty-four states have adopted renewable portfolio standards to produce a larger share of their electricity from renewable sources over the next decade or so. Among the more populous states, the renewable standard is 24 percent in New York, 25 percent in Illinois, and 33 percent in California.

While coal plants are closing, wind farms are multiplying. In 2008, a total of 102 wind farms came online, providing more than 8,400 megawatts of generating capacity. Forty-nine wind farms were completed in the first half of 2009 and 57 more are under construction. More important, some 300,000 megawatts of wind projects (think 300 coal plants) are awaiting access to the grid.

U.S. solar cell installations are growing at 40 percent a year. With new incentives, this rapid growth in rooftop installations on homes, shopping malls, and factories should continue. In addition, some 15 large solar thermal power plants that use mirrors to concentrate sunlight and generate electricity are planned in California, Arizona, and Nevada. A new heat-storage technology that enables the plants to continue generating power for up to six hours past sundown helps explain this boom.

For many years, U.S. geothermal energy was confined largely to the huge Geysers project north of San Francisco, with 850 megawatts of generating capacity. Now the United States, with 132 geothermal power plants under development, is experiencing a geothermal renaissance.

After their century-long love-affair with the car, Americans are turning to mass transit. There is hardly a U.S. city that is not either building new light rail, subways, or express bus lines or upgrading and expanding existing ones.

As motorists turn to public transit, and also to bicycles, the U.S. car fleet is shrinking. The estimated scrappage of 14 million cars in 2009 will exceed new sales of 10 million by 4 million, shrinking the fleet 2 percent in one year. This shrinkage will likely continue for a few years.

Oil use and imports are both declining. This will continue as the new fuel economy standards raise the fuel efficiency of new cars 42 percent and light trucks 25 percent by 2016. And since 42 percent of the diesel fuel burned in the rail freight sector is used to haul coal, falling coal use means falling diesel fuel use.