Spain’s energy companies increase CO2 emissions by 24% and wreak havoc on decarbonisation

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2022 has been a year clearly failing in one’s goals decarbonization Spanish economyThe year 2023 will not be wildly different, as shown by the Sustainability Observatory’s latest report, which also analyzes which capital cities increased or decreased their emissions into the atmosphere the most last year. The ultimate trade-off is that Spain increases its greenhouse gas emissions 24% related to energy productionWhile carbon market emissions increased by 9%, While a 7% decarbonization should be recorded in our countryAs determined by the UN.

While the 2022 emission market in Europe managed to decrease by 7 percent, in Spain it increased by 9 percent and our country ranked fourth in the EU in this emission ranking.

“In short, no decarbonization has been observed in Spain in 2022, when a deep decarbonization at the level of 7% should be observed in all sectors, as recommended by the United Nations in all sectors,” says the Sustainability Observatory report cited last year. year.

Energy companies continue to increase emissions overall repsol

The outlook for 2023 is still not very bright: “The progress of fuel consumption data for 2023 (-3% for oil products and -18% for natural gas) is optimistic, but the persistence of combined cycle and coal, plus the prolongation of drought (causing the collapse of hydroelectric power) and increase in transportation Another complex scenario for 2023”.

Emissions continue to increase rather than decrease

Mother A number of companies, usually energy and hydrocarbon companies, are responsible for this situation.They continue to increase their emissions rather than gradually reducing them.

According to the research, the 10 companies that emit the most tons of CO2 equivalent in 2022 are as follows: Repsol, Endesa, EDP, Naturgy, Arcelormittal, Cepsa, FCC, Iberdrola, Enagás and CEMEX. The emissions of these ten companies alone account for 60.5% of carbon market emissions and 20.5% of Spain’s total emissions.

The ten most polluting countries in Spain Sustainability Observatory

Now, within these ten groups there are some who are improving decarbonization targets, while others continue to worsen those targets and move away from internationally set targets to save the climate.

Spanish companies do this Those that increased their emissions in the market the most in 2022 compared to the previous year were Enagás (+111%), Naturgy (+53%), EDP (+32%), Endesa (+24%) and Repsol (+16%). ). On the other hand, those who managed to reduce their emissions were: Cemex (-16%), Arcelormittal (-10%) and FCC (-2%). Cepsa and Iberdrola would remain unchanged.

Repsol, the most polluting

Repsol, the company with the highest emissions in Spain, its contribution to climate change has been increasing steadily and almost uninterruptedly since the beginning of this centuryAccording to data from the Sustainability Observatory. Specifically, Repsol has increased its CO2 emissions by 20% since 2008 and will increase it by 16% in 2022 compared to the previous year.

Evolution of Repsol emissions Sustainability Observatory

In terms of geographical regions, Autonomous communities that increase their emissions the most These were La Rioja (up 23% on the previous year), Murcia (22%), Balearic Islands (16%), Andalusia (15%), Basque Country (15%) and Aragon (10%). On the other hand, Castilla y León (-17%), Cantabrica (-12%) and Madrid (-8%) reduced these rates.

“Almost the only positive progress we can see is the increase in the penetration of renewable energies, especially photovoltaics, but this comes with profound environmental and regional impacts,” the report states.

The full report can be accessed at: https://www.observatoriosostenibilidad.com/2023/04/27/descarbonizacion-2023/

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Contact address of the environmental department:[email protected]

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