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 climate law – which must now await Parliamentary approval – was proposed by Spain’s Ministry for Ecological Transition and the Demographic Challenge (MITECO), which is headed up by the country’s vice president Teresa Ribera, and follows the country’s declaration of a climate emergency earlier this year. 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 […]

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