About: Oil phase-out in Sweden   Sponge Permalink

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In 2005 the government of Sweden announced their intention to make Sweden the first country to break its dependence on petroleum, natural gas and other ‘fossil raw materials’ by 2020. In making this decision, four reasons were cited by the Government: * The impact of oil prices on Swedish economic growth and employment; * The link between oil, peace and security throughout the world; * The great potential to use Sweden's own clean renewable energy resources in place of oil; * The threat of climate change resulting from the extensive burning of fossil fuels.

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  • Oil phase-out in Sweden
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  • In 2005 the government of Sweden announced their intention to make Sweden the first country to break its dependence on petroleum, natural gas and other ‘fossil raw materials’ by 2020. In making this decision, four reasons were cited by the Government: * The impact of oil prices on Swedish economic growth and employment; * The link between oil, peace and security throughout the world; * The great potential to use Sweden's own clean renewable energy resources in place of oil; * The threat of climate change resulting from the extensive burning of fossil fuels.
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abstract
  • In 2005 the government of Sweden announced their intention to make Sweden the first country to break its dependence on petroleum, natural gas and other ‘fossil raw materials’ by 2020. In making this decision, four reasons were cited by the Government: * The impact of oil prices on Swedish economic growth and employment; * The link between oil, peace and security throughout the world; * The great potential to use Sweden's own clean renewable energy resources in place of oil; * The threat of climate change resulting from the extensive burning of fossil fuels. As of 2005, oil supplies provided about 32% of the country's energy supply, with nuclear power and hydroelectricity providing much of the remainder. Although it was not proposed to end the use of oil entirely, the 2020 date was seen as a marker on a continuing process of the "oil phase-out in Sweden".
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