Commodities and Futures News

EU greenhouse gas emissions on the rise, but still below pre-pandemic level

2022.08.16 18:02

EU greenhouse gas emissions on the rise, but still below pre-pandemic level
Steam rises from Neurath lignite power plant, in Grevenbroich, Germany, January 16, 2020. REUTERS/Wolfgang Rattay/Files

(Reuters) – Greenhouse gas emissions across the European Union rose in the first quarter from a year earlier, but remained just below pre-pandemic levels, the bloc’s statistics office said on Tuesday.

Eurostat said greenhouse gas emissions from businesses, households and government activities amounted to 1,029 million tonnes of carbon dioxide equivalents, up 6% year-on-year but below 1,035 million tonnes in the first quarter of 2019.

Households contributed 24% of emissions for the period, Eurostat said, closely followed by the energy supply and manufacturing sectors, respectively accounting for 21% and 20%.

It added emissions increased in all sectors year-on-year — except for households where they were unchanged — reflecting an economic recovery from the pandemic.

Almost all member states registered an increase from the same period last year, with Bulgaria showing the largest rise across the bloc with a 38% jump, followed by Malta with a 21% increase.

The Netherlands and Finland were the only EU states to record a decrease compared with the first quarter of 2021.

The overall increase threatens the 27 member EU’s goal to reduce greenhouse gas emissions by at least 55% by 2030 from 1990 levels, and reach net zero emissions by 2050 — a plan that entails the closure of coal-powered plants.

The war in Ukraine and the subsequent economic sanctions imposed on Russia — the EU’s main energy supplier — have prompted the bloc to save gas and store it this winter, fearing a total halt of Russian gas flows.

Some European countries are considering bringing back coal to achieve this target.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 86,284.12 2.83%
ethereum
Ethereum (ETH) $ 2,354.31 5.43%
tether
Tether (USDT) $ 0.999281 0.00%
xrp
XRP (XRP) $ 2.23 2.90%
bnb
BNB (BNB) $ 616.44 0.83%
solana
Solana (SOL) $ 140.93 0.39%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.209172 0.96%
cardano
Cardano (ADA) $ 0.665848 2.58%
staked-ether
Lido Staked Ether (STETH) $ 2,349.86 5.61%
tron
TRON (TRX) $ 0.228318 0.37%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 86,083.06 2.94%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,807.42 5.40%
chainlink
Chainlink (LINK) $ 15.47 1.01%
litecoin
Litecoin (LTC) $ 126.89 6.98%
avalanche-2
Avalanche (AVAX) $ 22.76 2.97%
sui
Sui (SUI) $ 2.95 2.52%
stellar
Stellar (XLM) $ 0.292 0.31%
the-open-network
Toncoin (TON) $ 3.48 2.74%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 2.75%
hedera-hashgraph
Hedera (HBAR) $ 0.200874 1.99%
leo-token
LEO Token (LEO) $ 9.05 0.27%
usds
USDS (USDS) $ 1.00 0.02%
polkadot
Polkadot (DOT) $ 4.89 3.33%
mantra-dao
MANTRA (OM) $ 7.38 3.24%
hyperliquid
Hyperliquid (HYPE) $ 20.85 0.00%
weth
WETH (WETH) $ 2,349.93 5.59%
bitcoin-cash
Bitcoin Cash (BCH) $ 299.85 1.13%
ethena-usde
Ethena USDe (USDE) $ 0.999679 0.02%
bitget-token
Bitget Token (BGB) $ 4.13 4.32%
uniswap
Uniswap (UNI) $ 8.11 2.21%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,491.13 5.60%
monero
Monero (XMR) $ 215.39 2.54%
whitebit
WhiteBIT Coin (WBT) $ 26.43 1.83%
near
NEAR Protocol (NEAR) $ 3.08 1.27%
pepe
Pepe (PEPE) $ 0.000009 2.21%
aptos
Aptos (APT) $ 6.10 8.15%
dai
Dai (DAI) $ 1.00 0.04%
ondo-finance
Ondo (ONDO) $ 1.01 1.68%
internet-computer
Internet Computer (ICP) $ 6.59 1.64%
aave
Aave (AAVE) $ 206.95 0.31%
bittensor
Bittensor (TAO) $ 366.20 1.88%
susds
sUSDS (SUSDS) $ 1.05 0.84%
ethereum-classic
Ethereum Classic (ETC) $ 19.00 0.07%
okb
OKB (OKB) $ 45.35 2.38%
gatechain-token
Gate (GT) $ 21.64 1.12%
official-trump
Official Trump (TRUMP) $ 13.33 2.91%
mantle
Mantle (MNT) $ 0.760445 4.90%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 86,181.09 2.96%
tokenize-xchange
Tokenize Xchange (TKX) $ 30.36 8.04%