Sweden announced it's intent to become fossil fuel free
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BLOOMBERG NEWS ARTICLE
Sweden said it’s targeting to become one of the first nations in the world to be free of fossil fuels and that it will invest 4.5 billion kronor ($546 million) in climate-protection measures next year as a step toward that goal.
The government will increase support for solar, wind, energy storage, smart grids and clean transport. Investment in photovoltaics will rise nearly eightfold to 390 million kronor per year between 2017 and 2019, with a plan to spend a total of 1.4 billion kronor, the government said on Wednesday in Stockholm.
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