EU’s GHG Emissions Drop by 4% YoY

EU’s GHG Emissions Drop by 4% YoY

The EU’s fourth-quarter 2023 greenhouse gas (GHG) emissions fell 4.0% year-on-year to 897 million tons of CO2-equivalent, compared to 935 million tons of CO2-eq in Q4 2022.

Meanwhile, GDP remained stable with a modest 0.2% increase compared to the same period in 2022.

This information comes from data on quarterly estimates for greenhouse gas emissions by economic activity published by Eurostat.

The economic sectors responsible for the largest decreases were electricity and gas supply (- 17.2%) and manufacturing (-3.1%). Emissions by households remained almost stable.

A positive trend in emissions reduction emerged in Q4 2023, with 22 EU countries seeing a decrease compared to the same period in 2022. Estonia (-23.0%), Bulgaria (-17.0%), and Finland (-9.0%) led the decline.

Sarah Samir 3471 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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