Natural resources and energy
Luxembourg has not had any natural resources
of economic importance since the iron ore basically
ended and the mining ceased in the early 1980s. Energy
needs are mainly covered by imported oil.
The iron ore assets in the south of Luxembourg were
among the largest in Europe. Extraction began when a
refining process was invented in the 1870s that could
remove the large phosphorus content from the ore. The
iron was the basis for the country's steel industry, but
the assets were basically depleted after a century.
Major exports by Luxembourg with a full list of the top products exported by the country. Includes trade value in U.S. dollars and the percentage for each product category.
Energy needs are almost entirely covered by imports.
A little into the 21st century, oil accounted for
two-thirds of energy consumption, and gas accounted for
most of the remainder. The coal fire has almost
completely been phased out. No major investments have
been made in renewable energy. In 2018, Luxembourg was
at the bottom of all EU countries in terms of the
percentage of energy consumed that comes from renewable
sources, by about 6 percent.
Abbreviationfinder: A popular acronym site in the world covering abbreviation for each country. For example, LU stands for Luxembourg. Visit itypeusa for more information about Luxembourg.
FACTS - ENERGY AND ENVIRONMENT
Energy use per person
6 548 kilograms of oil equivalent (2015)
Electricity consumption per person
13915 kWh, kWh (2014)
Carbon dioxide emissions in total
9 659 thousand tonnes (2014)
Carbon dioxide emissions per inhabitant
17.4 tonnes (2014)
The share of energy from renewable sources
9.0 percent (2015)
Salary adjustment is postponed
The government extends the periods between wage increases that are
automatically linked to inflation, despite protests from the trade union
Management of asylum seekers
A new repository for asylum seekers who have been refused is opened. The
number of asylum seekers has doubled compared to 2010.
Debate on clergy
Parliament is debating whether to reduce or completely remove the state's
compensation for priests, which also goes to Christian communities other than
Catholic. Muslim imams receive no compensation.