More on ETS success

Various commenters suggested that the 3% cut in EU CO2 emissions was essentially down to the recession. Here’s a chart from the report I linked to, which gives a rather different analysis. I don’t have the underlying figures, so there are limits to how far I can critically engage. But the take-out is that fuel-shifting or saving driven by CO2 pricing and renewables development were much bigger contributors than change in industrial capacity utilisation, and better reliability at British and Spanish nuclear power stations was a surprisingly big factor.

Contributions to net CO2 emissions change in Europe

5 thoughts on “More on ETS success

  1. Pingback: Small steps towards stabilization « The Maas:Media

  2. I see that you are still drinking the “man has caused global warming” koolaid.


  3. If total energy consumption goes down, the share of hydroelectricy, wind and nuclear power automatically goes up, so you get a disproportionate effect.

  4. I bet that in the next years we will see a major breakthrough coming up in the energy technology. And the emissions will come down even lower.

  5. EU: Votes for Europeans are possible:

    “We Change Europe” wants to offer the opportunity of getting involved into the process of political decisions made in the EU. Therefore they created an E-Voting tool and the possibility to promote political aims in form of paneuropean initiatives.

    The Europeans are enlarging their Union.
    The Europeans elect their President.

    It’s time for change Europe.

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