Greenhouse gas emission is on the rise in over half of the EU countries, according to official figures. Spain is the most terrible offender amongst the large countries, discharging 15.4 Million Tons more CO2 in the year 2005 than the previous year, an increase of 3.6%.
The EU’s largest economy, Germany dropped emissions by 2.3% in the year 2005 as it decreased methane in the waste sector, cleaned up power plants in Eastern Germany and initiated new diesel cars as well as an eco-tax that facilitated road transport fumes to fall. However Spain, who was allowed to produce a 15% increase in emissions under Kyoto in acknowledgment of its growing economy, had registered a 52.3% collective increase by the end of the year 2005.
Underneath Kyoto, the EU 15 pledged a slash of eight percent in green house emission by the end of 2012, when the agreement runs out. Spain has previously confessed that it wouldn’t meet its 2012 target, although has pledged to be no more than 15% higher. Experts maintain that even this target is a hard bet. Spain is making efforts to obtain 12% of its electricity from renewable sources by the year 2010 and as per a recent legislation introduced in the country it is mandatory for every new building to have solar panel.
As per the report "Spain Energy Sector Outlook", Spain has promised to maintain emission growth no more than 15%. Economic growth of about 3% supported by a flourishing, energy-hungry construction industry, as well as an expanding population and rising living standards, have driven Spain's emissions persistently higher.
The research report also addresses some interesting issues for today’s global business environment such as opportunities existing in the Spain energy industry, Spain energy consumption by energy source, why renewable energy sources are important for Spain as well as Spanish energy industry’s key drivers & challenges.
The report provides an extensive research and objective analysis of the Spain’s energy sector and helps clients in analyzing the opportunities critical to its growth
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