“Billion support for offshore wind may yield zero CO2 cut”

A broad majority in the Danish Parliament has agreed to use up to 55 billion kroner in state support for offshore wind, but this will not immediately reduce CO2 emissions in Denmark, according to Climate Minister Lars Aagaard. The agreement plans the installation of three new offshore wind farms by 2032-33 with a total capacity of three gigawatts of green power. By 2030, Denmark is expected to no longer produce electricity using fossil fuels, so this new power will support new consumption and European neighbors. Critics argue this means Danish citizens are funding other countries’ transitions, but Aagaard emphasizes political responsibility and hopes other countries will do the same. This initiative could indirectly impact CO2 emissions by supporting increased electricity demands and lowering prices, potentially encouraging electric vehicle use and reducing industrial fossil fuel consumption.