Estonia: €354 million from the EU Cohesion Fund to phase out oil shale
With the help of the Territorial Just Transition Plan (TJTP) that the Commission approved, Estonia will receive €354 million in EU funding to assist in the phase-out of oil shale, a fossil fuel, in energy production in Ida-Viru. Over 50% of Estonia's overall greenhouse gas emissions are produced by businesses associated to oil shale that are situated in this country's most eastern region.
Estonia has established goals to phase out oil shale energy production by 2040, stop using oil shale to produce electricity by 2035, and become climate neutral by 2050.
The plan encourages the growth of sustainable heating options while investing in renewable hydrogen, solar, wind, and hydro electricity. The cleanup of contaminated brownfield areas is also a part of it.
Additionally, the Plan calls for the retraining of around 11,000 local workers and job seekers. The JTF will help the area's social and health services, as well as increase their effectiveness and accessibility.
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