Australia's greenhouse gas emissions: June 2024 quarterly update

Source: www.gulfoilandgas.com 11/28/2024, Location: Not categorized

The latest Quarterly Update of Australia’s National Greenhouse Gas Inventory: June 2024 is now available.

The report shows emissions were 440.6 million tonnes of carbon dioxide equivalent (Mt CO2-e) in the year to June 2024. This is a decrease of 0.7% (2.9 Mt CO2-e) compared with the previous year.

The change in emissions over the year to June 2024 reflects movements across sectors, including:
Decreased emissions in stationary energy (excluding electricity) (down 2.6%; 2.7 Mt CO2-e), reflecting decreased combustion activity.
Decreased emissions from agriculture (down 1.0%; 0.9 Mt CO2-e) mainly due to the decrease in crop production.
Ongoing reductions in electricity emissions (down 0.4%; 0.7 Mt CO2-e) as renewable energy uptake continues to displace fossil fuel generation.
Decreased emissions from industrial processes and product use (down 1.9%; 0.6 Mt CO2-e), driven primarily by reduced steel production.
Increased transport emissions (up 1.9%; 1.8 Mt CO2-e), reflecting the continuing recovery from COVID-related movement restrictions.
Emissions in the year to June 2024 were 28.2% below June 2005 levels (the base year for Australia’s 43% reduction by 2030 target under the Paris Agreement).


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