The Fort Worth Press - EU greenhouse gas emissions saw 'huge' drop in 2023

USD -
AED 3.672495
AFN 63.50249
ALL 82.604372
AMD 368.069876
ANG 1.790403
AOA 916.99992
ARS 1461.503901
AUD 1.434679
AWG 1.8
AZN 1.700059
BAM 1.707839
BBD 2.019173
BDT 122.896637
BGN 1.69088
BHD 0.378044
BIF 2989.634336
BMD 1
BND 1.296533
BOB 6.91239
BRL 5.158599
BSD 1.002494
BTN 94.655909
BWP 13.605776
BYN 2.805013
BYR 19600
BZD 2.016285
CAD 1.417103
CDF 2264.999362
CHF 0.80891
CLF 0.023028
CLP 906.309758
CNY 6.774796
CNH 6.78161
COP 3440.13
CRC 454.784115
CUC 1
CUP 26.5
CVE 96.875016
CZK 21.185897
DJF 178.525487
DKK 6.54331
DOP 58.604757
DZD 133.545006
EGP 49.745801
ERN 15
ETB 159.15013
EUR 0.8754
FJD 2.24285
FKP 0.755695
GBP 0.755385
GEL 2.644977
GGP 0.755695
GHS 11.229785
GIP 0.755695
GMD 72.999896
GNF 8784.035073
GTQ 7.628428
GYD 209.275317
HKD 7.839815
HNL 26.670162
HRK 6.593101
HTG 130.960611
HUF 308.5845
IDR 17869
ILS 2.97135
IMP 0.755695
INR 94.65845
IQD 1310
IRR 1375000.000372
ISK 126.020547
JEP 0.755695
JMD 158.408737
JOD 0.709025
JPY 161.577501
KES 129.40203
KGS 87.449915
KHR 4012.500926
KMF 430.999605
KPW 900.00035
KRW 1537.979828
KWD 0.30867
KYD 0.835444
KZT 488.630447
LAK 22050.000183
LBP 89550.00026
LKR 335.219143
LRD 182.197355
LSL 16.472163
LTL 2.95274
LVL 0.60489
LYD 6.427478
MAD 9.349442
MDL 17.629557
MGA 4229.999486
MKD 53.957653
MMK 2099.917974
MNT 3579.231668
MOP 8.095209
MRU 40.069708
MUR 47.810215
MVR 15.459879
MWK 1738.365682
MXN 17.386099
MYR 4.140298
MZN 63.903112
NAD 16.472091
NGN 1368.10971
NIO 36.630142
NOK 9.72043
NPR 151.770486
NZD 1.75542
OMR 0.384502
PAB 1.000358
PEN 3.682982
PGK 4.36375
PHP 61.424993
PKR 278.150172
PLN 3.74414
PYG 6111.57296
QAR 3.645987
RON 4.584104
RSD 102.724985
RUB 74.249047
RWF 1464.5
SAR 3.753691
SBD 8.065041
SCR 13.258842
SDG 600.5051
SEK 9.639005
SGD 1.294095
SHP 0.746601
SLE 24.749964
SLL 20969.503664
SOS 572.921224
SRD 37.4305
STD 20697.981008
STN 21.6
SVC 8.771861
SYP 110.532098
SZL 16.410369
THB 33.0335
TJS 9.278635
TMT 3.51
TND 2.911501
TOP 2.40776
TRY 46.4774
TTD 6.798512
TWD 31.632401
TZS 2628.231945
UAH 45.088297
UGX 3651.795772
UYU 40.002096
UZS 11995.000532
VES 616.865275
VND 26328
VUV 118.352303
WST 2.751796
XAF 574.021212
XAG 0.015817
XAU 0.000242
XCD 2.70255
XCG 1.80679
XDR 0.713895
XOF 574.016189
XPF 104.849881
YER 238.649846
ZAR 16.43185
ZMK 9001.203866
ZMW 17.769494
ZWL 321.999592
  • CMSC

    -0.2100

    22.16

    -0.95%

  • BTI

    -0.0100

    58.9

    -0.02%

  • RIO

    -0.7200

    99.36

    -0.72%

  • CMSD

    -0.2100

    22.08

    -0.95%

  • AZN

    1.5000

    176.43

    +0.85%

  • BCC

    -2.1200

    72.54

    -2.92%

  • NGG

    1.5300

    80.97

    +1.89%

  • BCE

    -0.6300

    22.65

    -2.78%

  • BP

    0.6800

    39.78

    +1.71%

  • RBGPF

    -0.2700

    60.34

    -0.45%

  • GSK

    0.0700

    50.74

    +0.14%

  • VOD

    -0.1800

    14.12

    -1.27%

  • RELX

    -0.3500

    30.83

    -1.14%

  • JRI

    -0.0200

    12.65

    -0.16%

  • RYCEF

    0.2300

    18.63

    +1.23%

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.

M.Delgado--TFWP