According to the Center for Climate and Energy Solutions, Natural Gas can reduce emissions up to 90% as compared to Oil Based Fuels. According to their report completed in June of 2013 that explored the opportunities and challenges in leveraging the natural gas boom to achieve further reductions in U.S. greenhouse gas emissions. Their report reached the following conclusions:
- The expanded use of natural gas—as a replacement for coal and petroleum—can help our efforts to reduce greenhouse gas emissions in the near- to mid-term, even as the economy grows. In 2013, energy sector emissions are at the lowest levels since 1994, in part because of the substitution of natural gas for other fossil fuels, particularly coal. Total U.S. emissions are not expected to reach 2005 levels again until sometime after 2040.
- Substitution of natural gas for other fossil fuels cannot be the sole basis for long-term U.S. efforts to address climate change because natural gas is a fossil fuel and its combustion emits greenhouse gases. To avoid dangerous climate change, greater reductions will be necessary than natural gas alone can provide. Ensuring that low-carbon investment dramatically expands must be a priority. Zero-emission sources of energy, such as wind, nuclear and solar, are critical, as are the use of carbon capture-and-storage technologies at fossil fuel plants and continued improvements in energy efficiency.
- Along with substituting natural gas for other fossil fuels, direct releases of methane into the atmosphere must be minimized. It is important to better understand and more accurately measure the greenhouse gas emissions from natural gas production and use in order to achieve emissions reductions along the entire natural gas value chain.