Denmark agrees climate action plan that will help Denmark reduce CO2 emission by 70% in 2030


Photo by Markus Winkler on Unsplash


The Danish Minister of Finance, Nicolai Wammen said in a press release:

“With the agreement, Denmark once again takes the lead in the green transition, and we are paving the way for a green recovery of the economy with some of the largest long-term infrastructure investments ever. We are creating two new energy islands, which means that Denmark will be the first country in the world to start a completely new era for renewable energy. At the same time, we will invest significantly in the development of future technologies and are taking important steps towards a green transition of the heating sector and of the Danish industry.” Nicolai WammenFinance Minister of Denmark



KEY TAKEAWAYS FROM THE CLIMATE PLAN

  • Establishment of the world’s first energy islands

  • Transition to market driven build out of onshore wind and solar

  • Investments in next generation technologies: Power-to-X and Carbon Capture

  • Support for biogas and other green gases

  • Energy efficiency measures

  • Reform of heat taxes including increased utilization of surplus heat Green district heating

  • Green transport fund (including buildout of charging infrastructure for EVs)

  • Green tax reform (a CO2 tax will be introduced)


”Today’s agreement is the beginning of a series of concrete measure to help Denmark decarbonise by 70% in 2030 and 100% by 2050. Denmark is already the easiest place to do business in Europe. This combined with our solid green initiatives will enable a range of investment opportunities in the wind, biogas, power-to-X, carbon capture and green transport sectors.” Maria TarpDirector of Invest in Denmark

Link to full agreement (in Danish): https://kefm.dk/media/13163/aftaletekst-klimaaftale-energi-og-industri.pdf