In 2023, a total of 15.4 million tons of carbon dioxide emissions were produced from plants included in the emissions trading system, which is a decrease compared to 19.0 million tons from the previous year. SSAB’s Rahen steel plant, Neste’s Porvoon oil refinery and Helena’s Salmisaren coal-fired power plant remained the three biggest emitters for several years.

SSAB’s Rahen steel plant saw emissions rise to 3.7 million tonnes of carbon dioxide last year, up from 3.6 million the previous year. Emissions from Neste’s Porvoon refinery remained stable at 2.5 million tonnes, while emissions from Helen’s Salmisaren power plant decreased from 0.9 to 0.7 million tonnes of carbon dioxide.

Despite being ranked as the largest emitter among all Finnish plants participating in the EU emissions trading system last year, overall emissions from facilities included in the system decreased by 19.2% compared to 2022, according to data from the Energy Agency. This trend was driven by various factors such as increased investment in renewable energy sources and supply chain disruptions caused by geopolitical tensions and climate change-related events like droughts and floods.

In line with its sustainability goals, SSAB aims to move its steel production largely fossil-free by 2040 through investments in Luleå, Sweden. The company plans to invest around €4.5 million in this project and expects it to significantly reduce emissions in Sweden while also creating new job opportunities for local communities there. However, this decision may have economic implications for Finland as it may not significantly reduce emissions from the Rahen plant in the near future, leading to continued criticism about Finland’s contribution towards global efforts against climate change

By Samantha Johnson

As a dedicated content writer at newspuk.com, I immerse myself in the art of storytelling through words. With a keen eye for detail and a passion for crafting engaging narratives, I strive to captivate our audience with each piece I create. Whether I'm covering breaking news, delving into feature articles, or exploring thought-provoking editorials, my goal remains constant: to inform, entertain, and inspire through the power of writing. Join me on this journalistic journey as we navigate through the ever-evolving media landscape together.

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