Dutch to spend billions on climate subsidies amid economic boom
The Peninsula
AMSTERDAM: The Netherlands announced plans on Tuesday to spend billions of euros to increase the supply of sustainable energy in the coming year as its economy rebounds strongly from the COVID-19 crisis.
The government's 2022 budget includes up to 7 billion euros ($8.2 billion) in subsidies for sustainable energy projects and other measures to fight climate change, as the country strives to meet environmental goals it has largely missed over the past years.
The climate spending plans are the most striking element of the budget, which leaves many other issues untouched as the government is still in caretaker status, eight months after it was brought down over a childcare subsidies scandal.
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