Europe has to rethink its energy transition as it is now preventing investments in certain energy sources for ideological and not technological reasons, Chief Executive Officer of Repsol Josu Jon Imaz said on Wednesday.
Repsol Chief Executive Officer Josu Jon Imaz delivers a speech during the company's annual shareholders meeting in Madrid, Spain, May 19, 2017. REUTERS/Paul HannaMADRID, Sept 7 - Europe has to rethink its energy transition as it is now preventing investments in certain energy sources for ideological and not technological reasons, Chief Executive Officer of RepsolImaz said the Russian invasion of Ukraine was not the only reason for the hike in gas prices.
"In Europe we have opted for an ideological energy transition in which we are selecting or rejecting, preventing investments in certain energy sources for ideological and not technological reasons," he said in an energy event. "The consequence is that consumers pay more for energy and companies cannot pay for energy and CO2 increase. We have to rethink all this. We need all sources of energy."Reporting by Inti Landauro and Christina Thykjaer, Writing by Emma Pinedo
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Lowe's chief marketing officer leaves the company as part of broader reorganizationLowe's chief marketing officer Marisa Thalberg has left the retailer as part of a broader reorganization, the company said.
Baca lebih lajut »
Bed Bath & Beyond taps chief accounting officer as interim CFOBed Bath & Beyond has tapped its chief accounting officer as interim CFO after its former executive died on Friday.
Baca lebih lajut »
Centerra Gold searches for new CEOShakeup at the top of Centerra_Gold sees CEO leaving on production drop, sale of biggest gold mine Via CeciliaJamasmie
Baca lebih lajut »
Bed Bath & Beyond appoints interim CFOLaura Crossen, Bed Bath & Beyond's chief accounting officer, will become the retailer's new chief financial officer after the death of Gustavo Arnal on Friday.
Baca lebih lajut »
UniCredit CEO sees 'shallow' recession aheadUniCredit Chief Executive Andrea Orcel said on Wednesday Italy's second biggest bank expected a 'relatively shallow' recession in Europe followed by a rebound in 2024 or later.
Baca lebih lajut »
Mark Zuckerberg teases new VR headset release ahead of Meta eventChief Executive Officer Mark Zuckerberg in a Facebook post on Tuesday announced the event date with a picture of him wearing a VR headset, hinting at the long-awaited headset release.
Baca lebih lajut »