The Netherlands is poised to pass a new piece of legislation that is being called the world’s most ambitious climate policy.

The Dutch Climate Law would require the country to reach a 49% reduction in green house gas emissions by 2030, followed by a 95% reduction by 2050. Not only that, the policy would require 100% of electricity to be carbon neutral by 2050.

The policy, which was initiated by GroenLinks, the Green party of the Dutch Parliament, would also turn the fourth Thursday of every October into “Climate Day”. For every Climate Day, parliament would be required to report the levels of greenhouse gas emission reductions and decide whether the data would require more ambitious updates to the climate policy.

In order…