Mitigation of peak oil is another alternative, and combined cycle power generation using natural gas is the cleanest source of power available using fossil fuels, producing about 30% less carbon dioxide than burning petroleum and about 45% less than burning coal. The major difficulty in the use of natural gas is transportation and storage because of its low density. Natural gas pipelines are economical, but are impractical across oceans. Due to its high energy density and ease of handling, oil has a unique role as a transportation fuel. There are, however, a number of possible alternatives. Among the biofuels the use of bioethanol and
Natural gas reports the following emissions in million metric tons of carbon dioxide in the world for 2012: Coal-fired electric power generation emits around of carbon dioxide for every megawatt-hour (MWh) generated, which is almost double the carbon dioxide released by natural gas-fired generation. Because of this higher carbon efficiency of natural gas generation, as the fuel mix in the United States has changed to reduce coal and increase natural gas generation, carbon dioxide emissions have unexpectedly fallen. Those measured in the first quarter of 2012 were the lowest of any recorded for the first quarter of any year since 1992. Combined