Vast Majority Of U.S. States Have Cut Carbon Emissions Over Last Five Years
Are new federal regulations necessary to help states reduce pollution? While the U.S. Environmental Protection Agency considers costly new rules aimed at reducing U.S. carbon emissions, according to a new report, the vast majority of U.S. states have successfully reduced these emissions over the past five years. Indeed, only eight states – Alaska, Arkansas, Idaho, Kentucky, Louisiana, Nebraska and Utah – did not successfully reduce emissions between 2008 and 2013.
Several states cut emissions levels by more than 20 percent. They include: Alabama, Delaware, Georgia, Iowa, Massachusetts, Mississippi, New Hampshire, New Jersey, New York, North Carolina, South Carolina, South Dakota, Tennessee and Vermont. Nationwide, carbon emissions were down 14 percent from 2008 to 2013.
While Ceres, which issued the report analyzing the state data, supports the EPA’s regulations, MSCI will continue to argue that these rules will impose significant costs on the U.S. economy and U.S. businesses and consumers and that these costs are too great given the fact that U.S. states are successfully reducing emissions without additional federal intervention.