Resources and Publications

Denmark Strides Towards Independence from Fossil Fuels

April 2, 2012
| Blogs & Op-eds

Roughly 20% of Denmark’s energy supply already comes from renewable sources, a milestone achieved in large part due to a strong national energy innovation ecosystem. Since 1992, the country has employed a carbon tax that reinvests revenue back into clean energy R&D programs. In fact, the tax is not unlike theinnovation carbon price that ITIF has advocated for in the United States.