Estonia is shifting from shale oil towards a low-carbon future, but how?

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Estonia is shifting from shale oil towards a low-carbon future, but how?  For decades, the Ida-Virumaa region in north-east Estonia relied on shale oil, often called the country’s ‘brown gold’. This fossil fuel provided energy, electricity and economic stability to the region. But as Estonia looks toward a greener future, the country is preparing to phase out shale oil.  In partnership with the European Commission  READ MORE : http://www.euronews.com/2025/09/15/estonia-is-shifting-from-shale-oil-towards-a-low-carbon-future-but-how  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:01For decades, the Idaviruma region in northeast Estonia relied on shale oil.

00:06The country wants to phase it out to cut CO2 emissions.

00:13Shale oil gave us light and energy and electricity.

00:17Ourselves, we're calling this brown cold.

00:20We used to have in the 90s, we had more than 200,000 people living in this area.

00:25But now we have 130,000 people and the decline will continue.

00:30To ease this transition, the European Union has allocated 354 million euros

00:35to the Just Transition Fund for 2021-2027.

00:40When we had this Just Transition Fund in planning,

00:45we brought together more than 52 different local organizations.

00:49The one thing we understood is what we need is to diversify our economy.

00:54Because to be dependent only from one industry, it's very dangerous.

00:58Thanks to this support, NAVA, one of the region's main cities,

01:03is now home to Europe's first rare earth magnet plant.

01:07For the head of Estonia's national mining company, this could open up new business lines.

01:13I really hope that the permanent magnet production in Estonia expands.

01:18I really hope that in the future, we will also mine the raw material for the magnet.

01:26Here in Estonia, it's not impossible, and we have a wool value chain from mining to magnets.

01:32Ida Viruma is living up to the challenge of a future beyond shale oil.

01:40First of all, we are in the This Transition Fund in the hieroglyphics office.

01:44This is my pleasure.

01:45This is my pleasure.

01:46Let's move to the beginning of the next step.

01:48Let's go to the bottom of the next step.

01:50Let's move to your next step.

01:52Bless and Ida Viruma is living up to the next step.

01:54Please judge me the fin as a future.

01:56I welcome back to your next step.

01:58Tell me about this step on your next step.

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