Western EU countries buy climate compliance from eastern Europe

The installation of wind turbines in Lithuania and Estonia will help Luxembourg to reach its EU climate obligations while a new project to install 1 GW in Romania will help the Netherlands to reach its target.

Lithuania's President Dalia Grybauskaité and Luxembourg's Arch Duke Henri | Photo: Robertas Dackus

The EU's smallest country is buying its way into fulfilling its climate obligations. At the end of last month, Luxembourg made a deal to pay Lithuania EUR 10 million for the next two years to buy at least 700 GWh in renewables, and the agreement will now be followed up by a similar agreement with neighboring Estonia, according to Luxemburger Wort.

The small country will pay EUR 10.5 million for 300 GWh next year and 400 GWh in 2020.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

US to bank more on nuclear power

Several US states are regarding nuclear power as a supplement to renewables when it comes to lowering emissions, but there is still opposition from a number of Democratic states.

Further reading

Related articles

Latest News

See all jobs