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Emissions under EU ETS fall 11% in 2023 on weak macroeconomics: S&P Global

March 21, 2024 Comments Off

Total CO2 emissions under the EU Emissions Trading System likely slumped to their lowest in several years in 2023 as a weak macroeconomic environment led to constrained industrial activity and power demand destruction, according to estimates by analysts at S&P Global Commodity Insights. According to the estimates, regulated CO2 emissions from power plants and factories under the EU ETS totaled…