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Sweden presents new climate law and zero emissions goal

Sweden has presented a new climate law designed to ensure all future governments have a "credible climate policy" as well as announcing an ambitious target of achieving a net level of zero greenhouse gas emissions by 2045.

Sweden presents new climate law and zero emissions goal
Climate Minister Isabella Lövin (left) and PM Stefan Löfven (right) presenting the new climate law. Photo: Jonas Ekströmer/TT

The proposed reforms were presented by Swedish PM Stefan Löfven and Climate Minister Isabella Lövin on Thursday. The new law, if adopted when it is put to the Riksdag in March, will enter into force in 2018 and is designed to ensure all future governments make a credible effort to achieve emissions targets like the one set for 2045.

“We've set the goal that there should be zero net emissions by then, and all future governments would have to report on how they'll meet that goal,” Climate Minister Lövin told The Local.

“This law would mean we need to be transparent in our climate policy, and would bind future governments to having a credible climate policy,” she added.

The law would mean that each future Swedish government is required to develop an action plan for climate policy for their mandate period, then report its progress in the area to the Riksdag on an annual basis.

The goal of having zero net emissions by 2045 was decided upon by a cross parliamentary group including every party in the Riksdag with the exception of the far-right Swede Democrats.

Asked how likely it is that Sweden will reach the ambitious target, Lövin was confident.

“I think meeting the target is entirely possible. We can see that with goals we set previously, like the one for renewable energy levels by 2020, where we have already met the target. It actually tends to go quicker. Once you set a goal and start on the road, things tend to go very quickly. We'll see. I wouldn’t be surprised if it’s sooner than 2045,” she said.

In order to reach the goal, domestic emissions in Sweden will need to be reduced by 85 percent compared to the levels they were at in 1990, while at the same time investments combating climate change abroad will also need to be made.

The toughest target is a 70 percent reduction of emissions from domestic traffic by 2030 compared to the levels registered in 2010. The Climate Minister explained that transport accounts for “a third of Swedish emissions”, and improving infrastructure for electric car use as well as expanding and improving rail networks to discourage flying will be key.

Asked whether the election of Donald Trump, a climate change denier, to the highest office in the US makes it necessary for other countries to make a statement on reducing emissions, Lövin said Sweden has an important role to play in setting an example:

“Sweden has been making very good progress. At the same time as our economy and population has been growing, our emissions have reduced by more than 25 percent (since 1990). So I think investing in and achieving this goal by 2045 would provide an especially important role model for the rest of the world. To show that it can be done.”

Sweden’s centre-right opposition Moderate party welcomed the announcement of the new law, but warned that reaching the emissions target will be a tricky task.

“The climate law is good. It’s an important tool. But tools for reaching the emissions targets will also be needed,” Moderate MP Jonas Jacobsson Gjörtler, who sits on Sweden's parliamentary environment and agriculture committee, told news agency TT.

ENVIRONMENT

Sweden’s SSAB to build €4.5bn green steel plant in Luleå 

The Swedish steel giant SSAB has announced plans to build a new steel plant in Luleå for 52 billion kronor (€4.5 billion), with the new plant expected to produce 2.5 million tons of steel a year from 2028.

Sweden's SSAB to build €4.5bn green steel plant in Luleå 

“The transformation of Luleå is a major step on our journey to fossil-free steel production,” the company’s chief executive, Martin Lindqvist, said in a press release. “We will remove seven percent of Sweden’s carbon dioxide emissions, strengthen our competitiveness and secure jobs with the most cost-effective and sustainable sheet metal production in Europe.”

The new mini-mill, which is expected to start production at the end of 2028 and to hit full capacity in 2029, will include two electric arc furnaces, advanced secondary metallurgy, a direct strip rolling mill to produce SSABs specialty products, and a cold rolling complex to develop premium products for the transport industry.

It will be fed partly from hydrogen reduced iron ore produced at the HYBRIT joint venture in Gälliväre and partly with scrap steel. The company hopes to receive its environemntal permits by the end of 2024.

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The announcement comes just one week after SSAB revealed that it was seeking $500m in funding from the US government to develop a second HYBRIT manufacturing facility, using green hydrogen instead of fossil fuels to produce direct reduced iron and steel.

The company said it also hoped to expand capacity at SSAB’s steel mill in Montpelier, Iowa. 

The two new investment announcements strengthen the company’s claim to be the global pioneer in fossil-free steel.

It produced the world’s first sponge iron made with hydrogen instead of coke at its Hybrit pilot plant in Luleå in 2021. Gälliväre was chosen that same year as the site for the world’s first industrial scale plant using the technology. 

In 2023, SSAB announced it would transform its steel mill in Oxelösund to fossil-free production.

The company’s Raahe mill in Finland, which currently has new most advanced equipment, will be the last of the company’s big plants to shift away from blast furnaces. 

The steel industry currently produces 7 percent of the world’s carbon dioxide emissions, and shifting to hydrogen reduced steel and closing blast furnaces will reduce Sweden’s carbon emissions by 10 per cent and Finland’s by 7 per cent.

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