The Netherlands: 28 billion euros for the fight against climate change

The Netherlands has announced a €28 billion package of measures to reduce greenhouse gas emissions, including the closure of all gas and coal-fired power plants by 2035 and subsidies for the purchase of used electric cars.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

The Dutch government on Wednesday unveiled a package of measures to reduce the Netherlands’ greenhouse gas emissions and combat climate change, totaling 28 billion euros.

These measures, which include clean energy and electric vehicle initiatives, should enable the country to meet its targets of reducing CO2 emissions by 55% by 2030 compared to 1990 levels. Even rise to 60%. “It is inevitable that our country, our landscape and our economy will change,” commented Rob Jetten, Minister of Climate and Energy, in presenting these measures at a press conference in The Hague.

“We are working to achieve a carbon neutral circular economy by 2050,” he noted. “To do that, we need to really get rid of fossil fuels and we need to reduce our greenhouse gas emissions,” Jetten continued. He presented no less than 120 measures, including the closure of all gas and coal-fired power plants by 2035, subsidies for the purchase of second-hand electric vehicles and a 65 million euro envelope to fund research into the construction of smaller nuclear power plants. The authorities had already announced the construction of two nuclear power plants in the south of the country by 2035.

According to the minister, the likely rise in oil prices in the next few years will encourage motorists to opt for electric transportation. Therefore, the government has set aside 600 million euros to subsidize the purchase of used electric vehicles. And also to increase the number of battery charging sites.

“By working hard to create our own renewable energy sources, we can ensure that we are less dependent on fossil fuels from questionable regimes,” Jetten said. “We don’t have to be blackmailed by guys like Putin,” he said, referring to the Russian president.

Europe was very dependent on Russian gas before Moscow invaded Ukraine in February 2022. The Dutch announcement comes after the formal adoption on Tuesday by the European Union member states of the ambitious reform of their carbon market, voted the previous week by MEPs, a final green light that paves the way for the entry into force of this pillar of the European climate plan.

Facing annual losses estimated at up to $66mn, SEEG is intensifying field inspections and preparing the rollout of smart meters to combat illegal connections.
The British government confirms its ambition to decarbonise the power sector by 2030, despite political criticism and concerns over consumer energy costs.
Enedis plans a €250mn ($264mn) investment to strengthen Marseille’s electricity grid by 2030, including the full removal of paper-insulated cables and support for the port’s electrification.
Energy ministers coordinate investment and traceability to curb China’s dominance in mineral refining and stabilize supply chains vital to electronics, defense, and energy under a common G7 framework.
Electricity demand, amplified by the rise of artificial intelligence, exceeds forecasts and makes the 2050 net-zero target unattainable, according to new projections by consulting firm Wood Mackenzie.
Norway's sovereign wealth fund generated a €88 billion profit in the third quarter, largely driven by equity market performances in commodities, telecommunications, and finance.
The German regulator is preparing a reform favourable to grid operators, aiming to adjust returns and efficiency rules from 2028 for gas pipelines and 2029 for electricity networks.
Bill Gates urges governments and investors to prioritise adaptation to warming effects, advocating for increased funding in health and development across vulnerable countries.
The Malaysian government plans to increase public investment in natural gas and solar energy to reduce coal dependency while ensuring energy cost stability for households and businesses.
The study by Özlem Onaran and Cem Oyvat highlights structural limits in public climate finance, underscoring the need for closer alignment with social and economic goals to strengthen the efficiency and resilience of public spending.
Oil major ExxonMobil is challenging two California laws requiring disclosure of greenhouse gas emissions and climate risks, arguing that the mandates violate freedom of speech.
The European Court of Human Rights ruled that Norway’s deferral of a climate impact assessment did not breach procedural safeguards under the Convention, upholding the country’s 2016 oil licensing decisions.
Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.
As oil production declines, Gabon is relying on regulatory reforms and large-scale investments to build a new growth framework focused on local transformation and industrialisation.
Cameroon will adopt a customs exemption on industrial equipment related to biofuels starting in 2026, as part of its new energy strategy aimed at regulating a still underdeveloped sector.
Facing a persistent fuel shortage and depleted foreign reserves, the Bolivian parliament has passed an exceptional law allowing private actors to import gasoline, diesel and LPG tax-free for three months.
Ghana aims to secure $16 billion in oil revenues over ten years, but the continued drop in production raises doubts about the sector’s long-term stability.
The government of Kinshasa has signed a memorandum of understanding with Vietnam's Vingroup to develop a 6,300-hectare urban project and modernise mobility through an electric transport network.
ERCOT’s grid adapts to record electricity consumption by relying on the growth of solar, wind and battery storage to maintain system stability.
The French government will raise the energy savings certificate budget by 27% in 2026, leveraging more private funds to support thermal renovation and electric mobility.

All the latest energy news, all the time

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.