Israel announces plan to phase out fossil fuels by 2050

June 21, 2024 |

In India, Daijiworld reported that the Israeli Ministry of Energy and Infrastructure has announced a strategic plan for the country’s energy transition from traditional fossil fuels to biological, synthetic, and hydrogen fuels by 2050.

The plan’s purpose is to adapt the country’s economic growth to global climatic requirements and modernization, according to the report.

Under the plan, Israel will ensure reliable fuel supply to every economic sector, enhance emergency preparedness in fuel supply, and promote the production and broader application of green fuels, the report added.

Specifically, the plan aims to shut down the massive oil refineries in Haifa Bay, switch to imports instead of local production of petroleum distillates, and establish six or seven hydrogen fueling stations by 2030.

The report also stated that the plan will also promote transport electrification and the use of hydrogen power, synthetic fuels, and biofuels, to meet the Israeli government’s target of reducing CO2 emissions from the transportation sector by 96% by 2050.

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Category: Policy

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