May 3, 2024

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Repsol is strengthening its activity in the biomethane sector, but it is among the 50 companies that produce the largest amount of global emissions

Repsol is strengthening its activity in the biomethane sector, but it is among the 50 companies that produce the largest amount of global emissions

Repsol is directly responsible for 0.23% of global carbon dioxide emissions (Reuters/Violeta Santos Mora)

Energy company Repsol Announced the entry into capital of Genia Bioenergy. The operation, through which they will receive 40% of the capital, will focus on creating a growth platform in the renewable gas industry or Biomethane. The agreement includes the development of 19 biomethane production plants with a maximum capacity of 1.5 terawatt-hours annually. The biomethane produced by these plants will be used for the company's internal consumption and subsequent marketing to customers.

Juan Abascal, General Director of Industrial Transformation and Circular Economy at Repsol: “This agreement is… An important step forward in our strategy to utilize organic substrates and wasteWhich may be waste, and converted into fuel for home, industry and transportation. The experience, talent and assets of Genia Bioenergy will allow us to position ourselves as the single integrated player in the entire biomethane value chain.

But despite the attempts 'Greenwashing Repsol, the numbers show its polluted location. “Green” advertising, or financing of renewable energy projects, does not cover the way the company currently operates Ranked 50th out of 122 companies with the highest number of CO2 emissions in the world. Data extracted from a report prepared by the British research center InfluenceMap indicates that these companies are directly responsible for 72% of global carbon dioxide emissions.

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In fact, Repsol is Directly responsible for 0.23% of carbon dioxide emissions released worldwide. Despite the entity's efforts to reduce its indicators, Repsol's downward trend is very slow compared to its global counterparts. From the world of activity Green area He prepared an article entitled “Spring according to Repsol”, where They consider that the Spanish company “does not have No intention to prioritize decarbonisation And the benefit of society in exchange for its fossil benefits. Environmentalists claim the company's plan to decarbonise “He's a cheater” It leaves the “relevant changes” in the hands of the next executive branch.

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They consider that “Repsol's decarbonization plan is difficult and leaves the relevant changes to the following decades and in no way intends to abandon fossils completely.” Repsol needs to review its strategic plan It is obliged to present a decarbonisation plan in line with the Paris Agreement, while taking full responsibility for the emissions of the fuel it sells.” They urge Repsol to “push its shoulder to the table.” Paying its “historic debt” to the planet..

Biomethane is emerging as a prominent renewable energy alternative, with potential for use Converting organic waste into fuel. This gas resulting from the anaerobic decomposition of organic matter, such as agricultural waste, sewage sludge or urban waste, not only offers a sustainable solution to waste management, but also contributes to reducing greenhouse gas emissions. Being compatible with existing natural gas infrastructure, biomethane represents a viable and environmentally friendly option to diversify energy sources and move towards a more sustainable future.

Biomethane can be applied in many sectors, mainly highlighting its potential for use as… fuel In transportation. In this way, polluting emissions from fossil fuels can be significantly reduced. In addition, it can provide a source of clean energy The heatingAnd kitchens in homes Industries. Moreover, it will give The second life of agricultural wastewhere they can be used for subsequent conversion to biomethane.