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Swiss gov’t proposes making new renewable energy targets binding

GrR by GrR
June 18, 2021
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Swiss gov’t proposes making new renewable energy targets binding
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A wind turbine is pictured near Martigny, Switzerland, February 9, 2018. REUTERS/Denis Balibouse/Files

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

Our Standards: The Thomson Reuters Trust Principles.



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