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

USD -
AED 3.672504
AFN 66.344071
ALL 83.58702
AMD 382.869053
ANG 1.789982
AOA 917.000367
ARS 1405.057166
AUD 1.540832
AWG 1.805
AZN 1.70397
BAM 1.691481
BBD 2.013336
BDT 122.007014
BGN 1.69079
BHD 0.374011
BIF 2943.839757
BMD 1
BND 1.3018
BOB 6.91701
BRL 5.332404
BSD 0.999615
BTN 88.59887
BWP 13.420625
BYN 3.406804
BYR 19600
BZD 2.010326
CAD 1.40485
CDF 2150.000362
CHF 0.80538
CLF 0.024066
CLP 944.120396
CNY 7.11935
CNH 7.12515
COP 3780
CRC 501.883251
CUC 1
CUP 26.5
CVE 95.363087
CZK 21.009504
DJF 177.720393
DKK 6.457204
DOP 64.223754
DZD 129.411663
EGP 46.950698
ERN 15
ETB 154.306137
EUR 0.86435
FJD 2.28425
FKP 0.759642
GBP 0.759936
GEL 2.70504
GGP 0.759642
GHS 10.930743
GIP 0.759642
GMD 73.000355
GNF 8677.076622
GTQ 7.659909
GYD 209.133877
HKD 7.77703
HNL 26.282902
HRK 6.514104
HTG 133.048509
HUF 332.660388
IDR 16685.5
ILS 3.24758
IMP 0.759642
INR 88.639504
IQD 1309.474904
IRR 42100.000352
ISK 126.580386
JEP 0.759642
JMD 160.439
JOD 0.70904
JPY 153.43504
KES 129.203801
KGS 87.450384
KHR 4023.264362
KMF 421.00035
KPW 899.998686
KRW 1455.990383
KWD 0.306904
KYD 0.83302
KZT 524.767675
LAK 21703.220673
LBP 89512.834262
LKR 304.684561
LRD 182.526573
LSL 17.315523
LTL 2.95274
LVL 0.60489
LYD 5.458091
MAD 9.265955
MDL 17.042585
MGA 4492.856402
MKD 53.206947
MMK 2099.464216
MNT 3582.836755
MOP 8.007472
MRU 39.595594
MUR 45.910378
MVR 15.405039
MWK 1733.369658
MXN 18.44605
MYR 4.176039
MZN 63.950377
NAD 17.315148
NGN 1436.000344
NIO 36.782862
NOK 10.153804
NPR 141.758018
NZD 1.777162
OMR 0.38142
PAB 0.999671
PEN 3.37342
PGK 4.220486
PHP 58.805504
PKR 282.656184
PLN 3.665615
PYG 7072.77311
QAR 3.643196
RON 4.398804
RSD 102.170373
RUB 80.869377
RWF 1452.42265
SAR 3.750713
SBD 8.230592
SCR 13.652393
SDG 600.503676
SEK 9.528504
SGD 1.301038
SHP 0.750259
SLE 23.203667
SLL 20969.499529
SOS 571.228422
SRD 38.599038
STD 20697.981008
STN 21.189281
SVC 8.746265
SYP 11056.879504
SZL 17.321588
THB 32.395038
TJS 9.226139
TMT 3.51
TND 2.954772
TOP 2.342104
TRY 42.211304
TTD 6.77604
TWD 30.981804
TZS 2455.000335
UAH 41.915651
UGX 3498.408635
UYU 39.809213
UZS 12055.19496
VES 228.194038
VND 26310
VUV 122.189231
WST 2.820904
XAF 567.301896
XAG 0.020684
XAU 0.00025
XCD 2.70255
XCG 1.801521
XDR 0.707015
XOF 567.306803
XPF 103.14423
YER 238.503589
ZAR 17.29905
ZMK 9001.203584
ZMW 22.615629
ZWL 321.999592
  • SCS

    0.0000

    15.76

    0%

  • AZN

    0.8100

    84.58

    +0.96%

  • NGG

    1.4600

    77.75

    +1.88%

  • RBGPF

    -0.7800

    75.22

    -1.04%

  • CMSD

    0.0900

    24.1

    +0.37%

  • BTI

    0.3800

    54.59

    +0.7%

  • RYCEF

    0.0800

    14.88

    +0.54%

  • RIO

    0.0600

    69.33

    +0.09%

  • CMSC

    0.0700

    23.85

    +0.29%

  • GSK

    -0.4700

    46.63

    -1.01%

  • BCC

    -0.0900

    70.64

    -0.13%

  • JRI

    -0.0100

    13.74

    -0.07%

  • VOD

    0.2400

    11.58

    +2.07%

  • BCE

    0.0200

    23.19

    +0.09%

  • BP

    0.7600

    36.58

    +2.08%

  • RELX

    -1.1200

    42.27

    -2.65%

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