Key contributors to this reduction include the electricity and gas supply sector, which demonstrated a decrease of 23.7 per cent, followed by households (-6.5 per cent) and manufacturing (-4.9 per cent), Eurostat said in a press release.
Across the EU, 23 member states witnessed a decline in greenhouse gas emissions, with notable reductions observed in Estonia (-30.7 per cent), Bulgaria (-18.6 per cent), and Germany (-12.2 per cent). However, a few nations, including Malta (+7.7 per cent), Cyprus (+3.7 per cent), Latvia (+3.4 per cent), and Slovakia (+0.9 per cent), experienced an increase in emissions. Despite this, some of these countries managed to achieve economic growth alongside their emission increases.
The Eurostat data also reveals a correlation between emissions reduction and economic performance. Among the nations witnessing a decline in emissions, 11 also experienced a corresponding decline in GDP, while 11 others achieved the remarkable feat of reducing emissions while simultaneously achieving economic growth.
ALCHEMPro News Desk (KD)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
