ZURICH, June 18 (Reuters) – The Swiss government on Friday proposed binding rules to boost energy production from hydropower and other renewable sources and limit energy consumption through 2035 and 2050.
It wants to add 2 terawatts of climate neutral electricity production by 2040, to be financed by a winter surcharge.
Under the government’s “Energy Strategy 2050,” it plans to increase production of energy from renewables and hydro generation as it phases out nuclear energy. http://reut.rs/2qKNreU On Friday it said it would now seek to make targets binding in order to foster a secure environment for investments into renewables.
Reporting by Brenna Hughes Neghaiwi and John Revill; Editing by Michael Shields
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