Saturday, October 2, 2010

Danish Commission on Climate Change Policy reveals plan for an oil free Denmark

The Danish Commission on Climate Change Policy has unveiled a plan aimed at making Denmark completely independent of fossil fuel power by the year 2050; Denmark currently relies on fossil fuels for 80 percent of its power. This plan is extremely ambitious in that it calls for heavy government taxes on fossil fuels by 2030, and in that it proposes an oil-free state, as opposed to a 60 to 80 percent reduction like the European Union is proposing. The scientists in the commission claim that the technology is already available to carry out this plan, but it is now up to the government to implement the policies. President Obama has revealed a plan to reduce American dependency on oil, but it is not nearly as reaching as the Danish plan. According to energy economists in the US like Chris Lafakis at Moody's Analytics, this is because the US consumes a much more substantial amount of oil on a daily basis, and it will be much more difficult to rid the US of that dependency.

1 comment:

Tanvi Devidayal said...

I feel like all the countries are waiting for one other country to carry out the plan to see if it works. It requires a lot of investment and if the plan fails that brings about a big loss.