Netherlands doubles 2020 green subsidies in rush to hit climate goals
(Reuters, 4 Mar 2020) The Dutch government wants meet meet its obligations to cut greenhouse gas emissions, it has also introduced a new 4,000 euro subsidy for electric cars
The Dutch government on Wednesday said it would double the amount of money available under its renewable energy subsidy programme to 4 billion euros ($4.45 billion) in 2020, from a previously planned 2 billion euros.
The Netherlands is scrambling to meet its obligations under the Kyoto protocol to cut greenhouse gas emissions to 25% below 1990 levels by the end of this year.
In a letter to parliament, Economic Affairs Minister Eric Wiebes said the extra money was intended to help the country meet its promise to cut carbon dioxide emissions.
"There are a large number of projects that can offer a cost- effective contribution," Wiebes said.