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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...
After Slight Rise In 2023, Methane Emissions From Fossil Fuels Are Set To Go Into Decline Soon
Methane emissions from the energy sector remained near a record high in 2023 – but substantial policies and regulations announced in recent months, as well as fresh pledges stemming from the COP28...
CAN METHANE EMISSIONS MATCH CLIMATE GOALS BY 2030
Last year was marked by record-high methane emissions from the energy sector. However, the end of the year brought the United Nations Conference on Climate Change 2023 (COP28) and the pledges that...
HOW CAN SATELLITES AND ARTIFICIAL INTELLIGENCE REDUCE METHANE EMISSIONS?
Although it seems that in the fight against the climate crisis, the strongest focus is on reducing carbon dioxide emissions, last year's UN Conference on Climate Change showed that there is a...
CLEAN TECHNOLOGIES REDUCED THE GROWTH OF GLOBAL CO2 EMISSIONS
Although there was an increase in energy-related CO2 emissions in 2023, due to the large droughts that damaged hydropower plants, it was still a smaller increase compared to 2022. Smaller growth of...
Fluorinated gases and ozone-depleting substances: Council greenlights new rules to reduce harmful emissions
The Council today has adopted two regulations to phase down fluorinated gases (F-gases) and other substances that cause global warming and deplete the ozone layer.
While existing EU legislation has already limited the...
EU COUNCIL AND PARLIAMENT REACH AN AGREEMENT ON REDUCING CO2 EMISSIONS GENERATED BY HEAVY-DUTY VEHICLES
The Council and the European Parliament reached a temporary political agreement on CO2 emission standards for heavy-duty vehicles, to reduce these emissions in the road transport sector, but also set new targets...
EU economy emissions in 2022: down 22 percent since 2008
In 2022, greenhouse gas (GHG) emissions generated by economic activities of EU resident units stood at 3.6 billion tonnes of CO2 equivalents (CO2-eq), indicating a 22 percent decrease compared with 2008.
The activities with the highest GHG emissions in 2022...
THE CIRCULAR ECONOMY IN THE OIL INDUSTRY: REDUCTION OF RAW MATERIALS, WASTE AND EMISSIONS
According to the official data posted on the website of the European Parliament, 2.2 billion tonnes of waste are generated in the European Union each year. More than a quarter of it...
Urgent action to cut methane emissions from fossil fuel operations essential to achieve global climate targets
Decisive, far-reaching efforts to cut methane emissions from fossil fuel production and use must go hand-in-hand with decarbonisation of our energy systems to limit global warming to 1.5 °C, according to a...
Lagging policy support and rising cost pressures put investment plans for low-emissions hydrogen at risk
Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, a new IEA report says today. But production levels...
Stronger international cooperation in high emissions sectors crucial to get on track for 1.5°C climate goal
Insufficient progress in transitions to clean technologies and sustainable solutions over the past year highlights the need for strong and targeted international collaboration in high emissions sectors to deliver transitions that are...
SUSTAINABLE BUSINESS, CLIMATE PROTECTION AND REDUCTION OF CO2 EMISSIONS AT THE TOP OF OMV’S AGENDA
With headquarters in Belgrade and a network of 63 petrol stations throughout Serbia, OMV Serbia strives daily to spread good energy with its quality products and services, as well as by carrying...
CO2 emissions from EU territorial energy use: -2.8 percent
According to Eurostat estimates, in 2022, the EU carbon dioxide (CO2) emissions from fossil fuel combustion (oil and oil products, natural gas, coal and peat) for energy use in the EU territory...
Power-sector Emissions are Set to Fall in 2022. – Thanks to Renewable Energy
Since Russia’s invasion of Ukraine triggered an unprecedented global energy crisis, the world has been turning to other sources of power, besides oil and gas, to meet demand.
Renewable energy has seen a...
How do Countries Measure Greenhouse Gas Emissions?
With the 2022 Emissions Gap Report due to be released in October this year ahead of the United Nations Climate Change Conference (COP27) in Egypt, the focus is on how fast countries...
