In a historic session that lasted through the night, parliament passed comprehensive climate legislation aimed at reducing carbon emissions by 50% by 2035. The bill, which received bipartisan support, includes provisions for renewable energy expansion, electric vehicle infrastructure, and carbon capture technology. Environmental groups have praised the legislation as a crucial step toward meeting international climate commitments. The new law will establish a carbon trading system, provide tax incentives for green energy adoption, and create thousands of jobs in the renewable energy sector. Implementation will begin next quarter, with full enforcement expected within two years.
React to this article
Was this article helpful?
Share this article: