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Dutch to stop subsidizing renewables in long-term climate strategy
Reuters ^ | 07 December 2016

Posted on 12/09/2016 12:26:08 PM PST by Lorianne

The Netherlands will gradually phase out subsidizes for renewable energy and shift its climate change strategy to areas such as energy saving and carbon capture, the government said on Wednesday.

A week ago, the Netherlands announced a 33 percent increase in subsidies for solar, wind, geothermal and other projects to 12 billion euros ($12.9 billion) in 2017, from 9 billion euros in 2016, as it struggles to reach 2020 targets.

But the "Energy Agenda" published by the Economic Affairs ministry on Wednesday - setting out how greenhouse gas emissions can be cut to 80-95 percent of 1990 levels by 2050 - said subsidies would be phased out as renewables become more viable.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: energy; globalwarming

1 posted on 12/09/2016 12:26:08 PM PST by Lorianne
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To: Lorianne

flushing money down the toilet is coming to an end


2 posted on 12/09/2016 12:28:34 PM PST by butlerweave
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To: Lorianne

The original windmill lover strikes back.


3 posted on 12/09/2016 12:37:32 PM PST by Sacajaweau
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To: Lorianne

Carbon capture - I did this by planting 2 trees in my yard this year.


4 posted on 12/09/2016 12:38:06 PM PST by bc42875
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To: Lorianne

Trump is reCarbonizing America! The essential element that sustains life, energy, and prosperity without which we would be truly impoverished.

The race is on. If the US gets a serious lead in the production and CONSUMPTION of carbon based energy it is game over for the GreenWatermelon nations.

I plan on making the biggest carbon footprint possible.


5 posted on 12/09/2016 12:48:51 PM PST by FreedomNotSafety
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To: bc42875

Consider we’re doing huge amounts of “carbon capture” every year — millions of tons of paper, plastic, and garbage being buried in landfills.


6 posted on 12/09/2016 1:28:49 PM PST by SauronOfMordor (Socialists want YOUR wealth redistributed, never THEIRS!)
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To: Lorianne

Ostrava celebrates.


7 posted on 12/09/2016 4:12:16 PM PST by Organic Panic (Rich White Man Evicts Poor Black Family From Public Housing - MSNBCPBSCNNNYTABC)
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To: butlerweave

Thinking the same...


8 posted on 12/09/2016 6:19:31 PM PST by Deplorable American1776 (Proud to be a DeplorableAmerican with a Deplorable Family...even the dog is DEPLORABLE :-))
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