March 4, 2020 / 1:12 PM / a month ago

Dutch gov't doubles 2020 renewable energy subsidies to 4 bln euros

AMSTERDAM, March 4 (Reuters) - The Dutch government on Wednesday said it would double the amount of money available under its green energy subsidy program to 4 billion euros ($4.45 billion) in 2020, from a previously planned 2 billion euros.

In a letter to parliament, Economic Affairs Minister Eric Wiebes said the extra money was intended to help the country meet its promise to cut carbon dioxide emissions. ($1 = 0.8994 euros) (Reporting by Toby Sterling, editing by Louise Heavens)

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