The Netherlands said on Monday that large energy consumers would need to cut back on their usage beginning at the start of next year, Reuters has reported. The restrictions are coming as part of the government’s desire to scale back CO2 emissions as well as reduce its reliance on Russian energy products. Under the new rule, large energy consumers will be forced to invest in all possible energy savings measures, provided the investment can be recouped within a five-year span. The government will fund regulations to aid in the enforcement of such a plan. The government said the measures would save 19 petajoules of gas and 7 petajoules of electricity per year within the first 7 years. This is the equivalent of 4 million barrels of crude. According to the government, any amount of energy that they don’t use, won’t need to be produced. The specific measures that need […]