The China Mail - EU greenhouse gas emissions saw 'huge' drop in 2023

USD -
AED 3.672503
AFN 63.999633
ALL 81.13116
AMD 364.066319
ANG 1.790365
AOA 917.999554
ARS 1524.997501
AUD 1.439429
AWG 1.8025
AZN 1.699887
BAM 1.725719
BBD 2.018882
BDT 123.247965
BGN 1.683441
BHD 0.377906
BIF 3005.722202
BMD 1
BND 1.279885
BOB 12.063778
BRL 5.184055
BSD 1.002338
BTN 96.076978
BWP 14.120969
BYN 3.01672
BYR 19600
BZD 2.01597
CAD 1.42459
CDF 2310.000003
CHF 0.836205
CLF 0.024656
CLP 973.539878
CNY 6.70475
CNH 6.71436
COP 3314.79
CRC 457.846208
CUC 1
CUP 24.056893
CVE 97.29465
CZK 21.580966
DJF 178.497375
DKK 6.601103
DOP 59.602065
DZD 133.919964
EGP 51.941199
ERN 15
ETB 163.729916
EUR 0.88295
FJD 2.24875
FKP 0.756991
GBP 0.75445
GEL 2.60498
GGP 0.756991
GHS 11.732889
GIP 0.756991
GMD 74.000372
GNF 8750.000468
GTQ 7.658099
GYD 209.730789
HKD 7.84665
HNL 26.909604
HRK 6.6528
HTG 131.186306
HUF 323.419643
IDR 17937
ILS 3.07365
IMP 0.756991
INR 95.96915
IQD 1313.138889
IRR 1693792.502544
ISK 120.969796
JEP 0.756991
JMD 158.635902
JOD 0.708994
JPY 158.143502
KES 129.719972
KGS 87.4487
KHR 4065.101628
KMF 435.000056
KPW 900.000318
KRW 1360.175049
KWD 0.30903
KYD 0.835337
KZT 440.918897
LAK 22497.408184
LBP 89762.385847
LKR 331.231884
LRD 171.912363
LSL 16.416191
LTL 2.95274
LVL 0.60489
LYD 6.411082
MAD 9.723465
MDL 17.796797
MGA 4402.876428
MKD 54.331282
MMK 2099.600314
MNT 3599.1704
MOP 8.102072
MRU 40.144704
MUR 47.75987
MVR 15.449965
MWK 1738.121498
MXN 18.08776
MYR 4.086498
MZN 63.909596
NAD 16.41706
NGN 1326.860227
NIO 36.892099
NOK 9.633325
NPR 153.717739
NZD 1.77802
OMR 0.384505
PAB 1.002374
PEN 3.450819
PGK 4.536992
PHP 62.741981
PKR 277.681916
PLN 3.85205
PYG 5864.031411
QAR 3.65434
RON 4.657014
RSD 103.796978
RUB 83.375041
RWF 1480.037058
SAR 3.759293
SBD 8.032647
SCR 13.836223
SDG 601.505977
SEK 10.01845
SGD 1.27922
SHP 0.755829
SLE 24.649875
SLL 20969.491881
SOS 572.815106
SRD 37.621502
STD 20697.981008
STN 21.617329
SVC 8.77073
SYP 13002.000254
SZL 16.407994
THB 33.620498
TJS 9.232161
TMT 3.51
TND 2.97262
TOP 2.40776
TRY 49.032203
TTD 6.800164
TWD 31.937496
TZS 2640.002984
UAH 44.775489
UGX 3929.198542
UYU 40.386126
UZS 11858.028368
VES 857.98905
VND 25966
VUV 119.008285
WST 2.76852
XAF 579.17706
XAG 0.016353
XAU 0.000240041575
XCD 2.70255
XCG 1.806559
XDR 0.707052
XOF 579.17706
XPF 105.230186
YER 236.396786
ZAR 16.44243
ZMK 9001.20083
ZMW 19.596771
ZWL 321.999592
SSP 5712.591896
MXV 2.047495
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

EU greenhouse gas emissions saw 'huge' drop in 2023
EU greenhouse gas emissions saw 'huge' drop in 2023 / Photo: © AFP/File

EU greenhouse gas emissions saw 'huge' drop in 2023

Greenhouse gas emissions in the EU fell by eight percent in 2023 -- among the biggest drops in decades -- new data showed Thursday, though the bloc remains in a race against time to meet its ambitious climate goals.

Text size:

The European Environment Agency (EEA) attributed the year-on-year decline to a surge in renewable energy use in the 27-country bloc -- the world's fourth biggest emitter after India, China and the United States.

"The huge drop was led by a significant decline in coal use and growth of renewable energy sources and supported by reduced energy consumption across Europe," an EEA statement said.

The European Commission described it as "the largest annual drop in decades, with the exception of 2020 when Covid-19 led to emission cuts of 9.8 percent".

Net greenhouse gas emissions in the European Union last year were at 37 percent below 1990 levels, even though GDP grew by 68 percent over the same period, the EU executive underlined.

It said the data was evidence of the "continued decoupling of emissions and economic growth" in the bloc.

The commission -- which has spearheaded the EU's ambitious push towards carbon neutrality -- said the bloc "remains on track to reach its commitment to reduce emissions by at least 55 percent by 2030."

The EEA also judged that the 2030 target was "within reach" but cautioned that "EU member states will need to sustain this rate of progress to achieve Europe's climate and energy targets."

Bucking the downward trend, emissions from the aviation sector grew last year by 9.5 percent, continuing their post-Covid trend.

But emissions from electricity production and heating fell by 24 percent compared to 2022, driven by the growth of renewables, in particular wind and solar, and the "transition away from coal," the commission said.

Renewable energy was the leading source for electricity generation in the EU in 2023 at 44.7 percent (up from 41.2 percent in 2022), ahead of fossil fuels at 32.5 percent and nuclear power at 22.8 percent.

When it comes to the bloc's overall energy consumption, the share of renewables grew from 10.2 percent in 2005 to 24 percent in 2023, according to the EEA.

- Swift pace 'essential' -

The EU has set a goal of becoming carbon neutral by 2050, with this week's deadly floods in Spain just the latest of a string of extreme weather events in the bloc aggravated by climate change.

Of the world's four largest greenhouse gas emitters the EU has made by far the most progress in slashing emissions.

A report released last week by the UN Environment Programme calculated that EU emissions fell 7.5 percent last year -- compared to a 1.4-percent drop in the United States, and a jump of 5.2 and 6.1 percent respectively in China and India.

One of the first tasks for EU chief Ursula von der Leyen's incoming commission will be to negotiate with member states and parliament on an interim target for 2040 -- with Brussels aiming to cut emissions by 90 percent compared to 1990 levels.

The centre-right European People's Party -- the parliament's biggest group, to which von der Leyen belongs -- has already said it considers that target "extremely ambitious".

More broadly, right-wing parties that made gains in bloc-wide elections this year have led the charge against what they call "punitive" environmental policies -- fuelling fears that Brussels may be forced to roll back its climate ambitions.

Yet the EEA report made clear that more -- not less -- was needed to keep the bloc on track.

Based on the measures currently in place in member states, the EEA said projections pointed to a 43 percent net emissions reduction by 2030 compared to 1990 -- still well short of the 55-percent target.

It said 22 states had submitted additional projections that include "planned but not yet launched measures" that when factored in would cut emissions by 49 percent within the same timeframe.

"To close the remaining gap by 2030, it is essential that emissions reductions continue at a swift pace over the coming years," the agency said.

X.So--ThChM