Sweden prepares to be oil-free within 15 years

By | April 01, 2006
The government of Sweden has announced intentions to break the country's dependence on fossil fuels by 2020, citing climate change as the driving stimulus. Proposed policies include tax relief for conversion from oil, increased fossil fuel taxes, investment in research, and promotion of biofuels production and use. Though Sweden's electricity comes primarily from nuclear and hydro-electric power, its vehicles remain fossil-fuel dependent. A multi-industry committee is planning the logistics of vehicle fuel reform and implementation of renewable power sources to replace nuclear power.