There have increasing number of countries planning to prohibit new programmes of oil and gas exploration to reduce environmental pollution. Spain is one of the members. The new climate law has been enacted in Spain, which is aim toincrease the development of renewable energy.
Teresa Ribera, Spain’s Vice-president, said that extreme climate problems caused by environmental pollution are constantly affecting the Spanish masses, thus the transformation of development model and our way to life is essential and urgent.
The green energy industry has flourished in Spain in recent years, where more than 7 gigawatts of solar energy have been installed in the past few years. Moreover, Repsol, Spain’s largest oil company, said in its strategic plan that it plans to become a multi energy company with zero emissions by 2050.