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Record reduction of 2023 ETS emissions due largely to boost in renewable energy

Last year’s emissions under the EU’s Emission Trading System (ETS) show the most significant annual emissions reductions since the ETS was launched in 2005. The main driver is the power sector’s significant progress in decarbonisation.

The data reported by EU Member States as of 2 April 2024 show a 15.5% decrease in emissions in 2023, compared to 2022 levels. With this development, ETS emissions are now around 47% below 2005 levels and well on track to achieve the 2030 target of -62%.

Read more at climate.ec.europa.eu External link.

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