EMEA > German emissions fall to lowest level in 70 years on weak industrial output, coal demand slump -report

German emissions fall to lowest level in 70 years on weak industrial output, coal demand slump -report

Published 16:19 on January 4, 2024  /  Last updated at 01:08 on January 5, 2024  / /  EMEA, EU ETS

Germany’s GHG emissions fell to their lowest level in 70 years in 2023, driven by an unexpectedly sharp decline in coal use and a significant drop in output from energy-intensive industries, according to a German think tank, pointing to a bearish outlook ahead for EUAs if this trend continues in 2024.
Germany’s GHG emissions fell to their lowest level in 70 years in 2023, driven by an unexpectedly sharp decline in coal use and a significant drop in output from energy-intensive industries, according to a German think tank, pointing to a bearish outlook ahead for EUAs if this trend continues in 2024.


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