Politics

Europe’s Carbon Emissions Cuts Set to Ramp Up in 2020

  • Carbon output in EU market seen dropping 15% this year: survey
  • Bloc to publish 2019 pollution data starting Wednesday
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Europe’s emissions will plunge this year at more than double the pace they fell in 2019, as measures to stop the spread of the deadly coronavirus sap economic activity.

The European Union’s greenhouse gas emissions covered by the carbon market will fall by 15% this year up from 6% last year, according to the median response in a survey of five analysts by Bloomberg News. The European Commission plans to publish emissions data for last year on Wednesday.