SPAIN’S Prime Minister Pedro Sanchez has unveiled a €9 billion energy efficiency plan targeting homes and public transport.
The initiative will be co-financed by the European Union as Spain looks to counter the effects of climate change as well as the current consequences of the Iran war.
The proposals will be sent by the government to Brussels before the end of the year for approval.
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Pedro Sanchez said: “The energy revolution can’t be just for those who can change cars, put up solar panels on their roof or renovate their homes without subsidies.”
“It needs to reach everyone,” he continued.
Sanchez pointed out that since 2018 emissions have fallen by 19% and the share of renewables in electricity generation has risen from 39% to 56%- all while new jobs have been created and the country’s GDP has grown.
The package is split into two parts with €4.7 billion to make homes, public housing and neighbourhoods more energy efficient.
It will also promote communities to share electricity and for solar panels to be installed on homes and across districts.
The other half- €4.3 billion- would go to adapting transport, including in rural areas, and renovating fleets used by firms and independent workers.
People in low-income households and vulnerable groups would also get cut-price access to public transport.
Housing Minister Isabel Rodriguez linked the plans to Sunday’s protests over access to affordable housing and presented it as a new phase of the government’s recovery plan.
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