Economy

EU economy greenhouse gas emissions: -5.3% in Q2 2023 – Products Eurostat News


In the second quarter of 2023, EU economy greenhouse gas emissions totalled 821 million tonnes of CO2-equivalents (CO2-eq), a -5.3% decrease compared with the same quarter of 2022 (867 million tonnes of CO2-eq). In the same period, the EU’s gross domestic product (GDP) remained stable registering just a very small variation (+0.05% in the second quarter of 2023, compared with the same quarter of 2022). 

This information comes from data on quarterly estimates for greenhouse gas emissions by economic activity published by Eurostat today. Quarterly estimates of greenhouse gas emissions complement quarterly socio-economic data, such as GDP or employment. This article presents a handful of findings from the more detailed Statistics Explained article on quarterly greenhouse gas emissions.

Bar chart: Greenhouse gas emissions by the economy and GDP, million tonnes of CO2-equivalents, chain linked volumes (2015), million €, EU Q2 2020-Q2 2023

Source dataset: env_ac_aigg_q and namq_10_gdp

In the second quarter of 2023, the economic sectors responsible for most greenhouse gas emissions were manufacturing (23.5%), households (17.9%), electricity, gas supply (15.5%), agriculture (14.3%), followed by transportation and storage (12.8%). 

Compared with the second quarter of 2022, emissions decreased in 6 out of 9 economic sectors. The biggest decrease was registered in ‘electricity, gas supply’ (-22.0%). The main sector in which emissions increased was ‘transportation and storage’ (+1.7%).

Greenhouse gas emissions down in 21 EU countries 

In the second quarter of 2023, greenhouse gas emissions decreased in 21 EU countries, when compared with the second quarter of 2022. Increases were registered in Malta (+7.7%), Latvia (+4.5%), Ireland (+3.6%), Lithuania (+3.0%), Cyprus (+1.7%) and Croatia (+1.0%). Among these six EU members, four had a GDP increase: Malta (+3.9%), Croatia (+2.6%), Cyprus (+2.2%) and Lithuania (+0.7%).

The largest reductions in greenhouse gases were registered in Bulgaria (-23.7%), Estonia (-23.1%) and the Netherlands (-10.3%).

Bar chart: Growth rates of greenhouse gas emissions by the economy and GDP, % change compared with the same quarter of the previous year, Q2 2023

Source dataset: env_ac_aigg_q and namq_10_gdp

Out of the 21 EU members that decreased their emissions, 10 recorded a decline in their GDP (Estonia, Hungary, Luxembourg, Sweden, Austria, Czechia, Poland, Finland, Germany and the Netherlands). Italy maintained its GDP at the same level as the second quarter of 2022 and decreased its GHG emissions. Ten EU countries (Denmark, France, Belgium, Slovenia, Slovakia, Bulgaria, Portugal, Spain, Romania and Greece) managed to decrease emissions while growing their GDP. 



Source link

Leave a Response