The Spanish government is considering a slew of new climate -regulations in order to slash its greenhouse gas emissions , including a ban on sale of gasoline and diesel cars beginning in 2040. A draft of the country’s "Law on Climate Change and Energy Transition" published Tuesday also proposes measures such as ending fossil fuels subsidies, a ban on fracking , halting new oil exploration licenses and a transition to 100 percent renewable energy sources by 2050, according to media reports. If enacted, the law would bring major changes to Spain, which is Europe’s second-largest carmaker after Germany, and the ninth-largest globally. Brands such as Daimler, Ford, Nissan, Peugeot Citroen, Renault and Volkswagen have manufacturing plants in the country. "Some of the most important necessary changes affect transport," the document said, per Reuters . "From 2040, the registration and sale in Spain of passenger cars and light commercial vehicles that directly emit carbon dioxide will not be permitted." This the nation’s first law on emissions reduction and clean energy, according to Climate Home News . Overall, the aim is to cut greenhouse gas emissions by at least 20 percent by 2030 and by 90 percent by 2050, compared to […]

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