Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Swedish greenhouse gas emissions on rise again after government relaxes fuels policy, data shows
    Headlines

    Swedish greenhouse gas emissions on rise again after government relaxes fuels policy, data shows

    Published by Global Banking and Finance Review

    Posted on December 16, 2025

    2 min read

    Last updated: January 20, 2026

    The image showcases the Christophe De Margerie tanker docking at Russia's Arctic LNG 2, highlighting ongoing LNG export challenges amidst U.S. sanctions.
    Fourth sanctioned LNG tanker, Christophe De Margerie, at Russia's Arctic LNG 2 plant - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:sustainabilityClimate ChangeEPATransportation Sectorrenewable energy

    Quick Summary

    Sweden's greenhouse gas emissions rose 7% in 2024 due to relaxed biofuel rules, complicating EU climate goals.

    Swedish Greenhouse Gas Emissions Increase After Policy Change

    STOCKHOLM, Dec ‌16 (Reuters) - Sweden's greenhouse gas emissions rose 7% in 2024, reversing a downtrend in ‍recent years, ‌after the government eased rules on mixing biofuels in petrol and diesel, data showed ⁠on Tuesday.

    The upturn in emissions will make ‌it harder for Sweden to meet its EU-mandated climate goals harder, the Swedish Environmental Protection Agency said.

    Sweden's emissions of CO2 and other greenhouse gases have been on a broad downward trend since 1990, ⁠but the current right of centre government has reversed some measures taken to fight climate change, including reducing ​the quantity of biofuels mixed in petrol and diesel.

    Emissions from ‌the domestic transport sector rose 24% in ⁠2024 while emissions from heavy machinery rose 33%, figures from the Swedish Environmental Protection Agency showed.

    "The last 15 years have seen a trend of falling emissions (in transport) ​and we have had a good chance of meeting both our national milestone targets and our EU-related commitments," Roger Sedin, head of the climate goals unit at the Swedish Environmental Protection Agency said in a statement.

    "The increase in emissions in 2024 has made ​achieving these ‍harder."

    Sweden has agreed to reduce ​emissions from the transport sector by 50% by 2030 compared to the level in 2005 under the EU's Effort Sharing Regulation (ESR).

    Overall emissions, excluding CO2 taken up by forests and land use (LULUCF), rose around 3 million tonnes to 47.5 million tonnes compared in 2024.

    POSITIVE DEVELOPMENT

    One positive development was that the amount of carbon sequestered by forests and in other land use ⁠rose around 8 million tonnes to 54.3 million tonnes from 2023.

    Sweden's forests cover around 70% of the country but their ability ​to take up CO2 has diminished in recent years due to climate-induced drought and increased logging among other factors.

    Sweden aims to reach net zero greenhouse gas emissions by 2045. Emissions have to be cut by 85% compared to 1990 ‌with the remaining 15% made up by CO2 uptake from the LULUCF sector and other measures.

    Since 1990, Sweden has cut emissions by 33%.

    (Reporting by Simon Johnson; Editing by Susan Fenton)

    Key Takeaways

    • •Sweden's emissions rose 7% in 2024 after biofuel policy changes.
    • •Transport sector emissions increased by 24%.
    • •Sweden's climate goals are now harder to achieve.
    • •Forests sequestered 8 million tonnes more CO2.
    • •Sweden aims for net zero emissions by 2045.

    Frequently Asked Questions about Swedish greenhouse gas emissions on rise again after government relaxes fuels policy, data shows

    1What is greenhouse gas emissions?

    Greenhouse gas emissions refer to the release of gases like carbon dioxide (CO2) and methane into the atmosphere, which contribute to global warming and climate change.

    2What is the EU's Effort Sharing Regulation?

    The EU's Effort Sharing Regulation sets binding targets for member states to reduce greenhouse gas emissions in sectors not covered by the EU Emissions Trading System, such as transport and agriculture.

    3What is carbon sequestration?

    Carbon sequestration is the process of capturing and storing atmospheric carbon dioxide to mitigate climate change. It often involves natural processes like tree growth or technological methods.

    4What is net zero greenhouse gas emissions?

    Net zero greenhouse gas emissions mean balancing the amount of emitted greenhouse gases with the amount removed from the atmosphere, aiming for no net increase in emissions.

    5What are biofuels?

    Biofuels are renewable fuels made from organic materials, such as plants or animal waste, used as an alternative to fossil fuels for transportation and energy production.

    More from Headlines

    Explore more articles in the Headlines category

    Image for UK foreign minister says Ethiopia visit to focus on migration
    UK foreign minister says Ethiopia visit to focus on migration
    Image for Former UK minister Mandelson quits Labour after new Epstein revelations, media say
    Former UK minister Mandelson quits Labour after new Epstein revelations, media say
    Image for EU must push for "Made in Europe" strategy, EU industry chief says
    EU must push for "Made in Europe" strategy, EU industry chief says
    Image for UK wants closer EU defence ties with potential bid to join new SAFE fund
    UK wants closer EU defence ties with potential bid to join new SAFE fund
    Image for Czechs rally to support president in his growing rift with government
    Czechs rally to support president in his growing rift with government
    Image for Portugal launches $3 billion package to help rebuild after storm Kristin
    Portugal launches $3 billion package to help rebuild after storm Kristin
    Image for Russian drone strike kills 12 miners in Ukraine's Dnipropetrovsk, officials say
    Russian drone strike kills 12 miners in Ukraine's Dnipropetrovsk, officials say
    Image for Death toll of Swiss New Year bar blaze rises to 41
    Death toll of Swiss New Year bar blaze rises to 41
    Image for Iranian official says Revolutionary Guards have no plan to hold military exercises in the Gulf
    Iranian official says Revolutionary Guards have no plan to hold military exercises in the Gulf
    Image for Pope Leo urges US and Cuba to engage in sincere dialogue
    Pope Leo urges US and Cuba to engage in sincere dialogue
    Image for Factbox-Who is the Baloch Liberation Army behind Pakistan's Balochistan attacks?
    Factbox-Who is the Baloch Liberation Army behind Pakistan's Balochistan attacks?
    Image for Olympics - Pope Leo calls for peace initiatives during Milano Cortina Games
    Olympics - Pope Leo calls for peace initiatives during Milano Cortina Games
    View All Headlines Posts
    Previous Headlines PostItaly plans 2.4 billion euros investment in frigates, document shows
    Next Headlines PostEurovision host says it will not drown out any boos during Israel's performance