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Markets & Forecasts

Europe – the politics of emissions

Good results for Europe’s Green parties in the EU parliamentary elections will pressure member states to place greater emphasis on reducing emissions Good results for Europe’s Green parties in the EU parliamentary elections will pressure member states to place greater emphasis on reducing emissions.
By Catriona Scott 5 June 2019 Europe & Russia / Policy & Regulation 0 34287
EU member states will be under pressure to reduce emissions. (PA)

Europe’s carbon dioxide emissions fell last year, but some of the region’s biggest energy consumers are not on track to meet their 2020 emission reduction targets. Following the European Parliament elections at the end of May, in which parties calling for faster emissions reductions did well, the EU may now put greater pressure on countries to address their shortfalls.

The EU’s CO2 emissions fell by 2.5% on an annual basis in 2018. The greatest declines among the region’s largest gas and power markets were in Germany...