In order to minimise its greenhouse emissions and move towards a decarbonised economy, Spain’s government has come up with an ambitious plan of shifting its entire electricity system to renewables by 2050.
This plan is part of Spain’s draft climate change and energy transition law, and the government is committing to installing a minimum of 3,000 megawatts of wind and solar power capacity each year for the next 10 years. The European nation is banning new licenses for fossil fuel drills, hydrocarbon exploitation and fracking wells. It is also committing one-fifth of the state budget to measures that will curb climate change.
Christiana Figueres, former executive secretary of the UN’s framework convention on climate change (UNFCCC), said the draft law is “an excellent example of the Paris Agreement. It sets a long-term goal, provides incentives on scaling up emissions technologies and cares about a good transition for the workforce.”
Read more here: