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Ley 9/2020, de 16 de diciembre, por la que se modifica la Ley 1/2005, de 9 de marzo, por la que se regula el régimen del comercio de derechos de emisión de gases de efecto invernadero, para intensificar las reducciones de emisiones de forma eficaz en relación con los costes

Law 9/2020, of December 16, which modifies Law 1/2005, of March 9, which regulates the trading regime of greenhouse gas emission rights, to intensify the reductions of emissions cost-effectively

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Summary

Directive 2003/87/CE, of the European Parliament and of the Council, of October 13, 2003, establishes a system for the trading of greenhouse gas emission rights in the Community and which modifies Council Directive 96/61/EC established the European Union emission rights trading system in order to encourage the reduction of emissions of these gases in an effective, cost-effective and economically efficient manner. This directive was transposed into the Spanish legal system through Law 1/2005, of March 9, which regulates the greenhouse gas emission rights trading system.

Thumbnail image for Directive 2003/87/CE, of the European Parliament and of the Council, of October 13, 2003, establishes a system for the trading of greenhouse gas emission rights in the Community and which modifies Council Directive 96/61/EC established the European Union emission rights trading system in order to encourage the reduction of emissions of these gases in an effective, cost-effective and economically efficient manner. This directive was transposed into the Spanish legal system through Law 1/2005, of March 9, which regulates the greenhouse gas emission rights trading system.
Issuer

Spain

Year

2020

Region

Europe

Issuer (type)

The Spanish Government (Government)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Mandatory


Main industries targeted
  • Mining, Quarrying, Oil & Gas Extraction
  • Manufacturing
  • Transportation & Warehousing
  • Administrative, Support, Waste Management
Restrictiveness

High

Sustainable Development Goals (SDGs)
  • SDG 9: Industry, Innovation, and Infrastructure
  • SDG 13: Climate Action
  • SDG 16: Peace, Justice, and Strong Institutions

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