EU greenhouse gas emissions rose by 2.2% in Q4 2024, reaching 897 million tonnes CO2-eq, while GDP increased by 1.5%, according to Eurostat’s latest report.
Backed by €578 million investment, Austria’s Industrial Hydrogen Valley will enhance green hydrogen output, cutting emissions and advancing industrial decarbonization.
A European Court of Auditors report reveals that the EU faces an average annual loss of €26 billion due to extreme climate events, with potential for even higher losses in the future.