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Sweden Today

Swedish news in English

Sunday, December 29, 2024

Sweden Reverses Course on Climate Policy

Published: 2024-08-26

In recent developments, the Swedish government is reconsidering its stance on the reduction obligation, a key policy affecting climate emissions.

Initially, the reduction obligation for diesel and gasoline was significantly lowered, leading to increased carbon emissions and criticism from various quarters.

This policy shift was part of the Tidö parties' election promises but has put Sweden at risk of missing its climate targets and facing EU penalties.

In response, the government now plans to increase the reduction obligation from 6% to 10%, aiming to cut CO2 emissions by at least half a million tons annually.

This move, however, contradicts previous promises, particularly affecting the Sweden Democrats and Christian Democrats, who had strongly advocated for the initial reduction.

To mitigate potential backlash, the government intends to lower fuel taxes, ensuring that fuel prices remain stable despite the increased biofuel mix.

This adjustment reflects a balancing act between fulfilling climate commitments and maintaining economic stability.