威力彩玩法

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02 Apr 2020, 13:22
Julian Wettengel

German emissions covered by European trading drop 14 percent in 2019

威力彩玩法

Germany鈥檚 1,850 stationary facilities covered under the European Union Emissions Trading System (EU ETS) emitted about 363 million tonnes of CO鈧 equivalents (CO鈧俥q) in 2019, a drop of 14 percent over 2018,聽聽of the country鈥檚 official Emissions Trading Authority (). 鈥淭he noticeable drop in emissions reflects the successful reform of the EU ETS, which has led to significantly higher CO2 prices,鈥 writes DEHSt. At 24.65 euros, the average allowance price in the ETS was almost 50 percent higher than in 2018, which meant that operating gas-fired power stations was often more economical than coal plants, says the authority. The energy industry contributed most to the drop. Due to a considerable reduction of coal consumption, emissions fell by 18 percent to 244 million tonnes CO鈧俥q, accelerating the already strong decline from the previous year. Emissions in energy-intensive industry decreased four percent (to 119 million tonnes CO鈧俥q), as did aviation emissions (to 9 million tonnes CO鈧俥q).

Overall, EU ETS emissions fell 8.7 percent in 2019 (excluding aviation) to 1.5 billion tonnes of CO鈧俥q, according to preliminary like-for-like European Commission data聽. Germany was responsible for about 41 percent of that decrease. "That is huge," lead analyst Yan Qin told 威力彩玩法.

ETS facilities were responsible for about 45 percent of Germany鈥檚 total greenhouse gas emissions in 2019. The German environment agency鈥檚 (UBA)听data on the country鈥檚 total greenhouse gas emissions from March had already shown聽a comparatively large share of the energy industry in the 2019 decrease. The 2019 drop brings Germany closer to reaching its original emissions reduction target for 2020 鈥 40 percent over 1990 levels 鈥 which the current government coalition had replaced with less ambitious budget under the聽new climate action law. Emissions were 35.7 percent lower compared to 1990 levels.

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