Oil and Gas Sector Leads 2024 U.S. GHG Emissions Drop

In 2024, US greenhouse gas (GHG) emissions fell slightly, declining by 0.2% while the economy grew by 2.7%. The oil and gas sector led the way, slashing emissions by 3.7% despite record production due to reduced methane emissions intensity.

  • Industrial emissions fell by 1.8% due to lower manufacturing output.
  • Transportation and power sector emissions saw slight increases, influenced by higher travel and electricity demand.

This stability in emissions, despite economic growth, indicates a decoupling of emissions from economic activity.

Emissions remain below pre-pandemic levels and are about 20% below 2005 levels.

Share This