EU's greenhouse gas emissions dropped by 'huge' 8% in 2023; EU says the data was evidence of the “continued decoupling of emissions and economic growth” in the bloc.
EU's greenhouse gas emissions dropped by 'huge' 8% in 2023; EU says the data was evidence of the “continued decoupling of emissions and economic growth” in the bloc.
Emissions linked to buildings, agriculture, domestic transport, small industry and waste fell by 8 percent in 2023, with the latest reports showing that the EU is bucking a global trend for continuously…
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data was evidence of the “continued decoupling of emissions and economic growth” in the bloc.
German industrial collapse is driving this. Industry needs large amounts of baseline power and that is more heavily tied to fossil fuels. Light industry and homes can more easily run on renewables where the output is less stable.
Also things like component sales have plummeted inside the EU mainly driven by the decline of German automotive industry. None of this is good. Being an increasingly poorer and uncompetitive service economy that buys Chinese goods and acts high and mighty because it can be more green is not a good direction.
As someone who knows almost nothing about the EU, can you tell me/point me somewhere where I can learn more about German industrial collapse?
You could just google, there are many articles over the past few years.
https://www.politico.eu/article/rust-belt-on-the-rhine-the-deindustrialization-of-germany/ https://www.cleanenergywire.org/news/high-energy-prices-bring-about-first-signs-deindustrialisation-germany-rwe-head
https://www.forbes.com/sites/jimvinoski/2024/02/29/german-deindustrialization-is-a-wake-up-call-for-us-manufacturers/ https://www.forbes.com/sites/tilakdoshi/2024/05/09/as-europe-deindustrializes-can-economic-suicide-be-avoided/
Holy shit that's bad.
This is old news as a result of first winter after Ukraine war. NG prices are back down to "normal" now. Electricity demand is high/growing. Renewables growth is far higher than electricity demand growth is the reason emissions are down. It's fair to say EU economy is not booming though.