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Law 112-00: Law on hydrocarbons

2000LegislativeMitigationMore details
Sectors: Energy, Transport
A fund has been established from tax on fossil fuel and petroleum derivatives, beginning in 2005. The tax is specifically allocated to be spent on programmes and projects for the development of renewable sources of energy at a national level, and for national energy efficiency programmes.
Examples:
Resilient infrastructure, Fossil fuel divestment, Net zero growth plan, Sustainable fishing

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Law no. 112-00 on hydrocarbons
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Law no. 112-00 on hydrocarbons: Decree No. 307-01
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.