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Finns outline climate and energy strategy for 2020



The Finnish Government has produced a strategy that aims to reduce greenhouse gas emissions, regulate energy consumption and increase the contribution of renewable energy.

Announced in November 2008, the Finnish Government ‘long-term climate and energy strategy’ was presented to its national parliament in the form of a report, and was expected to come into force in the following months. The strategy was driven by the European Commission's proposals for Finland to reduce its greenhouse gases emission and energy consumption by 2020.

The strategy is intended to secure energy security needed for carbon intensive industries, while also instituting measures to meet Finland's 2020 GHG emission objectives. Essentially a statement that new prominent climate and energy policy measures are needed to meet the European Commission's proposed emission and energy targets, the strategy will address a variety of areas:

  • Emissions: New policies being developed by the Finnish Energy Efficiency Committee will aim to help achieve the Commission's proposed 21% cuts in GHG emissions by 2020 from the energy production and industrial sectors covered by the EU Emission Trading Scheme (ETS). The Finnish Government estimates a failure to act in this area would lead to a 20% increase in emissions by this date. Targets of 16% reductions have been set for the transport, domestic heating, and agricultural sectors.
  • Energy consumption and renewables: The strategy hopes to halt the growth of energy consumption. In particular, targets of 310-TWh final energy consumption and 98-TWh electricity consumption have been set for 2020. In addition, the strategy aims to increase the share of renewable energy to 38%, a move that will require a greater role for wind power, wood energy, waste combustion, ground-source heat pumps and biogas. To increase the use of renewables, feed-in tariffs for wind power and biogas will be introduced by 2010. New taxation and subsidy measures are also being developed to favour fuel efficiency, use of hybrid and electric cars, and use of public transport.

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