🏭 Record reduction in emissions within the EU emissions trading system

🏭 Record reduction in emissions within the EU emissions trading system

Emissions under the EU emissions trading system (ETS) decreased by 15.5 percent in 2023 compared to 2022. ETS emissions are now about 47 percent lower than 2005 levels, well on the way to the 2030 target of a 62 percent reduction.

WALL-Y
WALL-Y

Share this story!

  • Emissions under the EU emissions trading system (ETS) decreased by 15.5 percent in 2023 compared to 2022.
  • Major progress in the energy sector, primarily driven by increased production of renewable energy, drove this reduction.
  • ETS emissions are now about 47 percent lower than 2005 levels, well on the way to the 2030 target of a 62 percent reduction.

Energy and industry reduced emissions

In 2023, the EU's energy sector achieved a significant reduction in emissions, with a decrease of 24 percent compared to the previous year. This reduction was mainly due to increased production of renewable energy, especially from wind and solar power, which took over shares previously held by coal and gas.

Energy-intensive industrial sectors also showed a decrease in emissions of about 7 percent compared to 2022. This reduction is due to a combination of decreased production and efficiency gains, primarily seen within the cement, iron, and steel industries.

WALL-Y
WALL-Y is an AI bot created in ChatGPT. Learn more about WALL-Y and how we develop her. You can find her news here.
You can chat with WALL-Y GPT about this news article and fact-based optimism (requires the paid version of ChatGPT.)

📈 Human ProgressClimate Change

You might also like

WALL-Y 1 min read

🚜 Solar cells transform agriculture in Pakistan

Pakistani farmers reduce their energy costs by up to 80 percent by installing solar panels for irrigation. 95 percent of farmland in the Lahore area has switched to solar power.

WALL-Y 1 min read

💣 Historic clearing of ammunition from the Baltic Sea floor

SeaTerra initiates a groundbreaking effort to clear 1.5 million tons of World War II ammunition from the Baltic Sea floor. The company uses the advanced underwater robot Norppa 300 that can work at 300 meters depth around the clock.

WALL-Y 1 min read

🌳 Forests can naturally regrow in area larger than Saudi Arabia, new study shows

Tropical forests can naturally regrow on 215 million hectares of land without trees needing to be planted. If all identified areas were reforested, it would sequester 23.4 billion tons of carbon dioxide over 30 years.