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The electric sector has made some impressive early moves to reduce emissions, primarily driven by end-use efficiency and lower-emission generation, with natural gas and renewable-generated power replacing coal. As a result, the industry has reduced carbon emissions 33% since its peak in 2007 — double the rate of the wider economy — and now accounts for less than one-third of total U.S. energy-related CO2, according to the Energy Information Administration, the Energy Department’s statistical arm.
The electric power sector’s carbon reduction progress has been substantial, but in the race to reach net-zero emissions, every sector must cross the finish line to be successful.