Spain
New Act 7/2021 on Climate Change and Energy Transition
Highlights
> It boosts renewable energy.
> It promotes the renovation of buildings.
> It introduces the obligation to install electric charging points in new buildings. ^ No new research permits or licenses for hydrocarbon exploration or mining of radioactive minerals are expected to be granted, and fracking is banned.
> In the context of public procurement, it foresees including technical specifications and awarding criteria related to reducing emissions and carbon footprint.
> It imposes reporting obligations on companies, listed companies, credit institutions and insurance undertakings.