CO2 emissions and severance tax revenue falls - KAIT Jonesboro, AR - Region 8 News, weather, sports

CO2 emissions and severance tax revenue falls

(Source: Talk Business & Politics) (Source: Talk Business & Politics)
(KAIT) -

Carbon dioxide emissions fell during the first six months of 2016. In a report from Talk Business & Politics, emissions totaled 2,530 million metric tons in the first six months. The number is at its lowest since 1991.

Mild weather was cited for the decrease in CO2 emissions along with changes in fuels used to generate electricity.

The United States saw the fewest heating days in the first six months of 2016 since 1949.

Total primary energy consumption was 2% lower than the same time in 2015.

Energy consumption fell 9% in the residential sector and 3% in the electric power sector.

Severance tax collection in Arkansas also fell in the first quarter of 2017. 

Collections fell 33% which is the lowest level since the Arkansas legislature raised the levy on natural gas production.

Revenue on marketed sells of natural gas rose to its highest level in near a year in September. The reason behind the rise is higher commodity prices are bring drilling interest back the Fayetteville Shale.

For more on the report from Talk Business & Politics, click here.

Copyright 2016 KAIT. All rights reserved.

Watch Region 8 News On Demand: On your Desktop | On your Mobile device

Region 8 News App - Install or update on your: iPhone | Android

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Police department warns citizens regarding automated calls

    Police department warns citizens regarding automated calls

    Thursday, May 24 2018 6:13 PM EDT2018-05-24 22:13:47 GMT
    Thursday, May 24 2018 8:48 PM EDT2018-05-25 00:48:08 GMT
    Blytheville Police Department (Source: Blytheville Police Department Facebook page)Blytheville Police Department (Source: Blytheville Police Department Facebook page)
    Blytheville Police Department (Source: Blytheville Police Department Facebook page)Blytheville Police Department (Source: Blytheville Police Department Facebook page)

    An area police department is asking residents to be careful when answering their phone, especially when they see a phone number reportedly coming from that department. 

    An area police department is asking residents to be careful when answering their phone, especially when they see a phone number reportedly coming from that department. 

  • A Better Region 8: Honoring a Hero

    A Better Region 8: Honoring a Hero

    Thursday, May 24 2018 8:32 PM EDT2018-05-25 00:32:49 GMT
    Thursday, May 24 2018 8:43 PM EDT2018-05-25 00:43:38 GMT
    A Better Region 8A Better Region 8
    A Better Region 8A Better Region 8

    Unthinkable today but 76 years ago, the United States was pulled into World War II when Japan surprise attacked Pearl Harbor.

    Unthinkable today but 76 years ago, the United States was pulled into World War II when Japan surprise attacked Pearl Harbor.

  • Heartcare Center at St. Bernards now open

    Heartcare Center at St. Bernards now open

    Thursday, May 24 2018 7:33 PM EDT2018-05-24 23:33:49 GMT
    Thursday, May 24 2018 8:23 PM EDT2018-05-25 00:23:44 GMT
    (Source: KAIT-TV)(Source: KAIT-TV)
    (Source: KAIT-TV)(Source: KAIT-TV)

    The second phase of St. Bernards master plan is now complete!

    The second phase of St. Bernards master plan is now complete!

Powered by Frankly