EMEA > Compliance Markets & Taxes > ‘Demand destruction’ fuelled record drop in EU industrial emissions last year, analysts say

‘Demand destruction’ fuelled record drop in EU industrial emissions last year, analysts say

Published 12:18 on April 8, 2024 / Last updated at 12:18 on April 8, 2024 / / EMEA (Compliance Markets & Taxes, Europe), International

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The record decline in CO2 emissions registered in Europe in 2023 was caused in part by “demand destruction” across a range of energy-intensive industries, which could prove “permanent” due to high gas prices and carbon pricing policies, analysts say.
The record decline in CO2 emissions registered in Europe in 2023 was caused in part by “demand destruction” across a range of energy-intensive industries, which could prove “permanent” due to high gas prices and carbon pricing policies, analysts say.


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