by Jon Sanders
Research Editor and Senior Fellow, Regulatory Studies, John Locke Foundation
I sympathize with the editors of Investor’s Business Daily. Their April 20 editorial sounds a familiar theme. It was titled “U.S. Cuts ‘Global Warming’ Gases Faster Than Anyone Else, But Media Ignore It.”
The day before the IBD editorial, I had posted a research update looking at North Carolina’s emissions. It was titled “Emissions from Electricity Generation Falling Thanks to Market Forces.”
It’s a recurring theme here. Back in 2016 I wrote a post here entitled “Led by natural gas, CO2 emissions have been falling as media, leftists make it sound as if we’re on the brink of disaster.” Julie Tisdale wrote this back in 2012,
Did you hear about the drop in CO2 emissions this year? I didn’t think so. It seems to have been kept pretty quiet. But here it is. According to an Energy Department report, in the first 4 months of 2012, U.S. CO2 emissions dropped to roughly 1992 levels. That’s as low as they’ve been in 20 years!
And we’ve shared this good news not just at home, but abroad. Last July I sought to allay concerns in the United Kingdom about the U.S. pulling out of the Paris Accord by pointing this out: “what is being lost in the discussion so far is that we are already moving forward with reducing emissions.”
The news is even better when put in context. Three major societal changes Americans desperately wanted in the 2000s have happened: American energy-independence, cheaper fuel prices, and lower energy emissions.
But they didn’t happen the way people — especially in media — expected, meaning through top-down government policies. They happen through market forces and American enterprise, especially the great technological revolution of hydraulic fracturing.
Is that reason enough for strangely disappointed media to ignore it?