Saturday, 23/05/2026 | 21:48 GMT+7
On my recent tour of Finnish greentech, I found that a simple law on the books for decades helps account for the incredibly low carbon footprint of Finns, who look just as energy-intensive as Americans, but register at half our weight on this fragile planet.
Finns get almost one third of their electricity second-hand,
after industrial users have had first dibs at it. Vesa Koivisto of Fortum
(the largest utility in
Heavy industries are allowed to produce and sell electricity, any way they can make it.
Since heavy industry processes create heat as a byproduct,
this has led to real incentives for Finland’s paper mills to also become
electric utilities, through capturing the heat in their process, and selling
the power, for income on the side.

This stupendously easy and effective piece of climate legislation is something even we could pass, even here in the hopelessly plutocratic remains of our poor democracy.
Heat is the old fashioned way to make electricity: boil
water = make steam = drive turbine. Many industrial processes create enough
heat to provide the potential for a steam-driven power plant on-site. In the
As a result, Europe as a whole now generates 11% of its
electricity using CHP, driven mostly by
Heavy industries are simply allowed to produce and sell
electricity, any way they can make it. I see no real impediment to
passing a law like that in this country, even. CHP companies in the
Instead of using all their energy resisting climate legislation, like fossil energy companies, heavy industry companies simply get to make money solving it. Clever law.
But first, we’d need to change another law . Utilities
in
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