21 countries from Austria to the United States have cut their greenhouse gases emissions while growing their economies in the past 15 years. This proves that decoupling economic growth and greenhouse gases emissions is feasible.
This 1.1 billion Euro ($1.6 billion) project is done in order to offset the emissions of the dirty coal fired plants of the Czech power group CEZ behind this project. Please refer to the Reuters’ article for more details on the deal.
To the data provided by CARMA, the country’s electricity needs are met with 51 percent of fossil fuels, 32 percent of hydro while the remaining comes from nuclear.