Covid-19 meant that far less carbon was emitted
EU ETS emissions fall 12.6pc in 2020—official data
Record fall in verified emissions of participating installations was largely in line with expectations
Emissions from installations participating in the EU Emissions Trading System (ETS) fell by a record 12.6pc in 2020, official figures today reveal, as the Covid-19 pandemic led to sharply lower industrial output and the power sector continued to shift away from coal. Analysts from Refinitiv estimated that total emissions excluding aviation fell to 1.339bn t, down from 1.532bn in 2019. The decline was largely in line with expectations; analyst surveys in March predicted emissions would fall by 12.8pc, to 1.352bn t. significant number of compliance buyers have yet to complete their purchasing for 2020, and many had been waiting for prices to fall Under EU ETS rules, participating insta
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