Emissions in Germany: Recovery gear thanks to emission trade!

Emissions in Germany: Recovery gear thanks to emission trade!

Dessau-Roßlau, Deutschland - European emission trade, which was launched 20 years ago, has proven to be a real game channel in the fight against climate change. According to uba .

2023, the energy sector was able to reach the lowest level since 2005 with a record-breaking decline from 22 percent to just 188 million tons of CO2 equivalents. The emission -intensive industry has also reduced its footprint: emissions decreased by 10 percent to 101 million tons, which is the lowest level since 2013.

• decline in lignite power electricity by 25%
• decline in hard coal power by 36%
• decline in emissions in the non -iron metal industry by 19%
• Agency of the mineral processing industry by 18%
• changes in chemical industry, refineries, cement and paper industry between 9 and 17%.

how is it going?

The future of European emission trade provides for a further reduction in the free allocation of emissions for industrial sectors. A decisive part of this plan is the planned “Carbon Border Adjustment Mechanism (CBAM)”, which is intended to adapt the CO2 emissions imported goods to the high standards of the EU. These measures are necessary to achieve the goals for a climate -neutral Europe, as Daniel Klingenfeld, head of department in UBA, emphasized.

The global efforts in the framework of the EU ETS have already been recognizable, because overall emissions in the EU have dropped by around 48 percent since 2005. But the path is still long, and the pressure, especially with regard to the current geopolitical challenges, remains high. A report by Statista According to the emission quantities of the sectors energy and industry in the period from 2019 to 2023 are subject to constant fluctuations, which indicates the need for a sustainable and stable strategy.