Swedish Prime Minister Stefan Löfven has declared that Sweden will go carbon-neutral by 2045. Under the Climate Act, to be triggered by 1 January 2018, the government will have to develop a climate action plan every four years, and a climate report annually. This action will require Sweden to cut territorial emissions by at least 85% from 1990 levels. Last year, the country generated 57% of its power from renewable energy and Sweden is on track to generate all of its electricity from renewables by 2040. The new law also requires companies in Sweden to produce their own carbon credits for each tonne they emit.
Swedish Prime Minister Stefan Löfven has declared that Sweden will go carbon-neutral by 2045. Under the Climate Act, to be triggered by 1 January 2018, the government will have to develop a climate action plan every four years, and a climate report annually. This action will require Sweden to cut territorial emissions by at least 85% from 1990 levels. Last year, the country generated 57% of its power from renewable energy and Sweden is on track to generate all of its electricity from renewables by 2040. It will also focus on cutting emissions from the transport sector and imports.