New Dutch government climate mitigation goal goes further than EU targets
The new Dutch government coalition agreed on an annual €4 billion investment in climate mitigation leading to 49% emission reduction with reference to 1990 equivalent to 56 million tonnes (Mt) of CO2. Carbon capture and storage accounts for 20 Mt of the emissions reduction to be reached by 2030.
The EU target to reduce greenhouse gas emissions consists of at least 40% by 2030 compared to 1990 levels, and the new coalition government’s program sets the Netherlands emissions reduction goal to 49%. The government will provide €4 billion a year to boost new CO2 reduction technologies, trying to make available as many of these technologies as possible.
The CCS component of the Dutch climate pledge goes up to 20 Mt out of the 56 Mt to be cut by 2030, which will be shared between industrial (18 Mt) and electricity sector (2 Mt - waste to energy power plants).
The Dutch government leads the way in the EU climate mitigation efforts and will try to have the EU increase its 2030 target to 55% emissions reduction.
New Dutch government coalition announcement can be found here (Dutch).