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:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

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.

A sudden fault on the national grid cut electricity supply to several regions of Nigeria, reigniting concerns about the stability of the transmission system.
Re-elected president Irfaan Ali announces stricter production-sharing agreements to increase national economic returns.
Coal India issues tenders to develop 5 GW of renewable capacity, split between solar and wind, as part of its long-term energy strategy.
US utilities anticipate a rapid increase in high-intensity loads, targeting 147 GW of new capacity by 2035, with a strategic shift toward deregulated markets.
France opens a national consultation on RTE’s plan to invest €100 billion by 2040 to modernise the high-voltage electricity transmission grid.
Governor Gavin Newsom orders state agencies to fast-track clean energy projects to capture Inflation Reduction Act credits before deadlines expire.
Germany’s energy transition could cost up to €5.4tn ($6.3tn) by 2049, according to the main industry organisation, raising concerns over national competitiveness.
Facing blackouts imposed by the authorities, small businesses in Iran record mounting losses amid drought, fuel shortages and pressure on the national power grid.
Russian group T Plus plans to stabilise its electricity output at 57.6 TWh in 2025, despite a decline recorded in the first half of the year, according to Chief Executive Officer Pavel Snikkars.
In France, the Commission de régulation de l’énergie issues a clarification on ten statements shared over the summer, correcting several figures regarding tariffs, production and investments in the electricity sector.
A group of 85 researchers challenges the scientific validity of the climate report released by the US Department of Energy, citing partial methods and the absence of independent peer review.
Five energy infrastructure projects have been added to the list of cross-border renewable projects, making them eligible for financial support under the CEF Energy programme.
The Tanzanian government launches a national consultation to accelerate the rollout of compressed natural gas, mobilising public and private financing to secure energy supply and lower fuel costs.
The Kuwaiti government has invited three international consortia to submit bids for the first phase of the Al Khairan project, combining power generation and desalination.
Nigeria’s state-owned oil company abandons plans to sell the Port Harcourt refinery and confirms a maintenance programme despite high operating costs.
The publication of the Multiannual Energy Programme decree, awaited for two years, is compromised by internal political tensions, jeopardising strategic investments in nuclear and renewables.
The US Energy Information Administration reschedules or cancels several publications, affecting the availability of critical data for oil, gas and renewables markets.
Brazilian authorities have launched a large-scale operation targeting a money laundering system linked to the fuel sector, involving investment funds, fintechs, and more than 1,000 service stations across the country.
A national study by the Davies Group reveals widespread American support for the simultaneous development of both renewable and fossil energy sources, with strong approval for natural gas and solar energy.
The South Korean government compels ten petrochemical groups to cut up to 3.7 million tons of naphtha cracking per year, tying financial and tax support to swift and documented restructuring measures.

Log in to read this article

You'll also have access to a selection of our best content.