The U.S is using and spewing less carbon these days. Chalk it up to better car mileage, energy efficiency, and the fracking boom. We burn more natural gas for electricity, and less dirty coal.
"However, that is still pretty much a U.S. phenomenon," says Markus Wrake with the International Energy Agency.
The IEA’s new report shows that globally, the carbon inside every unit of energy produced is virtually unchanged from 20 years ago. One reason: The natural gas revolution has yet to go global.
"Whereas we in the United States do see a lot of coal to gas switching, in fact in Europe we see a lot of the opposite," says Wrake.
Coal use in Europe has gone up lately, as well as emerging economies, like China and India.
"It’s safe to say that energy demand is growing fastest in the countries that can least afford renewables," says Kevin Book with Clear View Energy. "So what they are using primarily is coal."
The IEA says without more action, global temperatures are on track to rise at least two degrees Celsius.
Known for his succinct style on the air, the broadcaster was teamed with the exuberant Madden for years on CBS and Fox. He was also the voice of the Masters golf tournament and U.S. Open tennis. Summerall died Tuesday. He was 82.
Bank of America said this morning that its profit quadrupled last quarter compared with a year ago, though that was below expectations. Toymaker Mattel also reported a quadrupling of profit last quarter, helped in part by cost cutting.
David Kelly, chief global strategist with JP Morgan Funds, joins Marketplace Morning Report host Jeremy Hobson to explain what's got profits up.
Gold prices are down again this morning, after falling by more than 10 percent since Friday -- its biggest drop in 30 years. Oil prices are also lower.
But how do these drops in commodity prices affect your wallet?
Marketplace's Senior Producer of personal finance Paddy Hirsch joins Morning Report Host Jeremy Hobson to explain.
Also: Shakespeare's favorite month; Edith Wharton's birthplace is now a Starbucks; book cover designers on jacket art.
Britain's biggest retailer, the supermarket Tesco, has announced its first drop in profit in 20 years -- and its U.S. business expansion may be partly to blame. Tesco, which owns the grocery store chain Fresh & Easy, has announced that it will close down its 199 locations and exit the U.S. market.
Marketplace's Stephen Beard in London joins Morning Report host Jeremy Hobson to explain why the company struggled to make it in America.