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Final Up to date on: 18th March 2025, 03:01 am
State of European Transport report exhibits that transport emissions are beginning to fall because the EV market grows, however carbon financial savings are being undermined by elevated air journey.
Europe is ready to avoid wasting 20 million tonnes of CO2 this yr because of extra electrical automobiles being on the street, new T&E analysis exhibits. T&E’s newest State of European Transport reveals that transport emissions are structurally falling, however carbon financial savings from decreased emissions on the street are being undermined by progress in air journey. T&E says the EU shouldn’t be rolling again inexperienced insurance policies, that are essential for its vitality independence, simply when they’re beginning to work.
Europe’s transport sector emitted 1.05 billion tonnes of CO2 in 2024 down from 1.1 billion tonnes in 2019 — a 5% drop. Electrical automobiles are largely chargeable for this. The variety of battery electrical automobiles within the EU automobile fleet has seen a steep rise with T&E predicting that there will probably be near 9 million of them on Europe’s roads by the top of the yr. With out the change to EVs, a further 20 million tonnes of CO2 can be pumped into the ambiance — equal to the emissions of seven coal energy vegetation.
William Todts, govt director at T&E, mentioned: “The EU’s green policies are beginning to bite. Thanks to the switch to EVs, we are starting to see a structural decline in transport emissions. Europe is slowly releasing itself from its dependence on oil, but we are still spending hundreds of billions on imports from overseas powers. Now is not the time to roll back green measures. For the continent’s prosperity and security, now is the time to double down.”
Regardless of progress, Europe continues to be closely reliant on imports with 96% of its crude oil and 90% of its pure fuel coming from abroad. Whereas Europe remains reliant on imports for key supplies within the manufacturing of batteries like lithium (100%), nickel (75%) and aluminum (58%), the large distinction is that metals may be recycled. T&E’s newest evaluation exhibits that in 2030, over its lifetime an EV will solely devour 20 litres of supplies for its battery versus over 12,400 litres of gas for a combustion engine automobile. In 2024, Europe spent €250 billion on oil imports, T&E finds.
As emissions from automobiles are set to fall, aviation emissions proceed to rise. Europe’s airways emitted 143 Mt of CO2 final yr, up almost 10% in comparison with 2023. Emissions from Europe’s transport exercise stay stubbornly excessive at 195 Mt CO2e, as each sectors are closely reliant on fossil fuels. However with transport now included within the EU’s carbon market (ETS), each sectors mixed can have raised €5 billion in revenues in 2024, based on T&E estimates. That might rise to €30 billion a yr by the top of the last decade. These funds can be utilized to bridge the value hole between inexperienced e-fuels and conventional fossil fuels, says T&E.
Information launch from T&E.
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