Sweden wants to be the first in the world to completely eliminate oil as a fuel, by focusing on renewable sources of energy.
"Our dependence on oil is expected to end by 2020," said Minister of Sustainable Development Mona Sahlin. The project to make Sweden a state without oil is led by a consortium of industrialists, academics, farmers, carmakers, civil servants and others. They will report to the Swedish parliament in a few months.
The Swedish parliament said the project to replace fossil fuels with renewable forms of energy was essential for environmental and economic reasons. "Freeing our country from fossil fuels would bring us huge benefits, starting with reducing the impact of oil price fluctuations, which have tripled since 1996," said Sahlin.
The minister said Sweden would implement the following measures: tax relief for conversion to fuels other than oil; increased use of renewable energies; introduction of additional measures for renewable fuels; increased investment to develop a "renewable society"; and continued investments in district heating (usually geothermal or biomass).