Estonia to promote use of electric cars under a Green Investment Scheme

By Jan Christiaens / Updated: 01 Aug 2014
The Government of the Republic of Estonia has approved the sale of 10 million AAUs to the Mitsubishi Corporation. Under a Green Investment Scheme the proceeds will be invested in establishing a country-wide charging infrastructure for electric vehicles.
The Government of the Republic of Estonia has approved the sale of 10 million AAUs (left over emmission quotas) to the Mitsubishi Corporation. Under a Green Investment Scheme the proceeds will be invested in establishing a country-wide charging infrastructure for electric vehicles. In addition, around 500 electric cars will be provided for the use of social workers and a grant scheme will be launched to support the purchase of electric cars by private individuals.

In order to guarantee the full environmental effect of the programme including the reduction of harmful greenhouse gas emissions related to conventional fossil energy sources, all owners of electric vehicles will have to start consuming only electricity generated from renewable energy sources through a Guarantees of Origin scheme.

The implementation of the programme will support Estonia’s goal to achieve a 10% share of the use of renewable energy in the transport sector and within only a few years Estonia, with a population of only around 1,4 million people, will most likely become a country possessing the most dense and modern electric vehicle charging infrastructure and with most electric cars per capita.

Source and more information: Estonian Government (English)


Country: 
Estonia
Topic: 
Clean and energy-efficient vehicles