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EU ETS emissions register record cut thanks to renewables, European Commission says

By Stefano Porciello ( April 4, 2024, 09:10 GMT | Insight) -- EU emissions from the sectors covered by the bloc carbon market experienced a record reduction in 2023, primarily because of the power sector’s decarbonization, the European Commission has said. The reduction puts the covered sectors on track to meet the system’s decarbonization goal for 2030, the commission said.The European Commission announced a record reduction in EU emissions across sectors covered by the bloc’s carbon market in 2023. This achievement was primarily propelled by the ongoing decarbonization efforts within the power sector....

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