API Michigan report shows 25 percent reduction in CO2 emissions as natural gas use rises
API Michigan this week linked the increased use of natural gas to falling CO2 emissions, which plummeted in the state by as much as 25 percent between 2007 and 2017.
In a report titled, “Natural Gas and Oil Use in Michigan: Enhancing the Quality of Life for Michiganders,” the organization also found that natural gas power has increased by 130 percent in the last 10 years. That, together with falling natural gas prices, has helped industrial consumers also spent $558 million less in 2017 than if prices had remained consistent with 2010, while residential and commercial consumers saved as much as $1.2 billion.
“Michigan is the ninth largest consumer of natural gas in the U.S., which has generated economic benefits for Michigan families and businesses and helped us cut CO2 emissions by over 25 percent between 2007 and 2017,” Pete Langley, executive director of API-Michigan, said. “This report confirms what we in Michigan have known for a while about natural gas – that it’s helping our environment, it’s saving consumers money, and it’s keeping prices down for businesses operating in our state.”
To date, the state holds approximately 10 percent of U.S. natural gas storage and represents the single largest storage amount, according to API-Michigan.
