Greenhouse gas emissions by economic activity in EU down by 9% in 2020

1 week ago 25

Greenhouse gas (GHG) emission generated by economic activity in the European Union (EU) in 2020 decreased by nine per cent compared to the previous year

Topics
greenhouse gas emissions | European Union

IANS  |  Brussels 

Greenhouse gas (GHG) emission generated by economic activity in the European Union (EU) in 2020 decreased by nine per cent compared to the previous year, according to data published by EU's statistics office Eurostat.

The figure is 24 per cent down from the year 2008, the first available reference year, Xinhua news agency reported, citing the Eurostat.

The total amount of GHG generated by EU production activities and households went down from more than 4.5 billion tonnes of CO2 equivalents in 2008 to 3.5 billion tonnes in 2020.

The biggest decrease was recorded in the field of electricity, gas, steam and air conditioning supply, which recorded a fall of 41 per cent between 2008 and 2020.

Manufacturing also recorded a sharp decrease in its GHG emissions between 2008 and 2020, with 276 million tonnes of CO2 equivalent less.

In 2020, manufacturing, households as well as electricity, gas, steam and air conditioning supply were the biggest emitters of GHG - all stood around the 700 million CO2 equivalents mark.

The top three countries emitting the most GHG in 2020 were Germany with almost 795 million tonnes of CO2 equivalents, France, with almost 406 million tonnes, and Italy with 393 million tonnes.

The EU has been trying to cut down its GHG emissions in order to fight climate change. The Green Deal, an ambitious program aiming at cutting carbon emissions by 55 per cent in 2030 compared to 1990 levels and to make Europe the first carbon-free continent by 2050, was launched in 2020.

The European Commission has begun consultations with the member states on a draft text of a Taxonomy Complementary Delegated Act covering certain gas and nuclear activities.

The EU Taxonomy guides and mobilizes private investment in activities that are needed to achieve climate neutrality in the next 30 years. The existing energy mix in Europe varies from one member state to another. Some parts of Europe are still heavily based on high carbon-emitting coal.

--IANS

int/shs

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Read Entire Article