Sweden Announces Record $1.5 Billion for Climate and Renewables
- Budget seeks to bolster climate initiatives and green power
- Focus on enhancing railway and cycling fossil-fuel free travel
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Sweden announced a record budget for climate and renewable energy projects.
“Today we present the largest-ever climate and environment budget in Sweden,” Prime Minister Stefan Loefven said at a press conference in Stockholm. “Sweden’s ambition is to become one of the first fossil-free welfare countries in the world and we do this both because it’s morally right and economically smart.”