Spain approves push for 100% renewables, bans all new fossil fuel projects
The Spanish Government has approved an ambitious draft climate law which seeks, among other things, to reach net zero emissions “no later than 2050, in coherence with the scientific criteria and the demands of the citizens.”
The draft law, once approved, would immediately ban all new coal, oil, and gas extraction projects, end fossil fuel subsidies, and lay out a pathway to generate 100% renewable energy and reach carbon neutrality by 2050.
Emissions must decrease by 23% on 1990 levels by the end of this decade, and renewable sources in the country’s total energy consumption must double to 42% – a target the government describes as being consistent with the EU bloc-wide target to cut emissions by between 50% and 55% by 2030.
The new draft also puts the country in a position to match with the goals of the Paris Agreement and the EU Green Deal proposed by the European Commission and which would see Europe become the world’s first net zero continent by 2050.
Source
Comments
Post a Comment