Climate Ambassador: Sweden working on regulatory environment to incentivize green transition

Climate Ambassador: Sweden working on regulatory environment to incentivize green transition Sweden is working together within the EU to ensure a regulatory environment that incentivizes this transition, Swedish Climate Ambassador and Head of Delegation to UNFCCC at Swedish Ministry of Climate and Enterprise Mattias Frumerie said in an interview
Energy
March 13, 2024 14:47
Climate Ambassador: Sweden working on regulatory environment to incentivize green transition

Sweden is working together within the EU to ensure a regulatory environment that incentivizes this transition, Swedish Climate Ambassador and Head of Delegation to UNFCCC at Swedish Ministry of Climate and Enterprise Mattias Frumerie said in an interview with Report.

"We're working together within the EU to ensure that we have a regulatory environment that incentivizes this transition, whereby putting in place both, for example, pricing mechanisms, within our own carbon pricing mechanisms, to make it more expensive to use fossil fuels and to make it cheaper to use fossil-free energy in order to facilitate the transition," he said.

According to the climate ambassador, the energy system in Sweden is already basically fossil-free.

"Nuclear and hydropower accounts for about 80% of our energy mix, the rest being wind and solar," he said.

Frumerie noted that some other countries in Europe are maybe still reliant on coal and still use natural gas and oil.

"We're seeing an acceleration of the transition and we're putting in place a regulatory framework within the EU," he added.

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