Sunday, May 21, 2017

Swiss voters embrace shift to renewable energy

Following the example of Germany and Austria, it seems the Swiss Government will be the next to phase out nuclear power. Voters supported a government proposal to ban the construction of future nuclear plants, begin closing the 5 existing plants in 2019, and provide bailouts to struggling alternative or clean energy plants. Around 58% of voters backed the plan, dubbed "Energy Strategy 2050". Additionally, 40 extra francs per year will be paid by Swiss citizens to help fund the aforementioned alternative energy projects, which include hydroelectric and solar power plants.

http://www.reuters.com/article/us-swiss-energy-idUSKBN18H0HM

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