Spain is proposing to ban fossil fuel subsidies, dump investments that encourage dirty energy use and will also drive lighter diesel and petrol vehicles off the road. And it has dusted off its renewable energy targets and is now aiming for 100 per cent renewables by 2050. It marks a significant turnaround for one of Europe’s larger coal-mining, gas-importing and auto-manufacturing countries. Fracking would also be banned nationwide. In a draft of country’s Law on Climate Change and Energy Transition, published on Tuesday, the five-month-old socialist government proposes to reduce Spain’s greenhouse gas emissions by at least 20% by 2030 and 90% by 2050, compared to 1990 levels.
Renew Economy 15th Nov 2018 read more »