21 Feb 2011 12:02:13
Denmark to be carbon fuel-free by 2050
Danish climate commission claims that tax hikes and price rises on fossil fuel will turn renewables an affordable choice.
According to the Danish government’s climate commission, Denmark could become fossil fuel-free by 2050, at a net cost of just US$2.95 billion. The report that sets the fossil fuel free goal makes the case for investing an amount equivalent to 0.5% of the country’s annual GDP in renewable energy.