News From the Field
Reduction in U.S. Carbon Emissions Attributed to Cheaper Natural Gas
February 27, 2012
Researchers at the Harvard University School of Engineering and Applied Sciences have shown that the primary explanation for the reduction in carbon dioxide emissions from power generation in 2009 was that a decrease in the price of natural gas reduced the industry's reliance on coal. According to their econometric model, emissions could be cut further by the introduction of a carbon tax, with negligible impact on the price of electricity for consumers.
The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering. In fiscal year (FY) 2012, its budget was $7.0 billion. NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and other institutions. Each year, NSF receives about 50,000 competitive requests for funding, and makes about 11,500 new funding awards. NSF also awards about $593 million in professional and service contracts yearly.
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