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EU carbon market emissions fall record 15.5% as renewable power soars

"Carbon dioxide emissions regulated under the European Union's emissions trading system () fell by a record 15.5% in 2023 as renewable power output soared, the European Commission said on Wednesday.

Around 45% of the European Union's output of greenhouse gases is regulated by the ETS.

The power sector saw a 24% drop in compared with 2022 levels."

https://www.reuters.com/sustainability/climate-energy/eu-carbon-markets-power-industry-emissions-fell-165-2023-2024-04-03/

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