Sánchez confirms the "redesign" of the tax on energy companies, but denies that it is due to Repsol's complaints

MADRID, 7 Dic.

Sánchez confirms the "redesign" of the tax on energy companies, but denies that it is due to Repsol's complaints

MADRID, 7 Dic. (EUROPA PRESS) -

The President of the Government, Pedro Sánchez, confirmed this Thursday that work is being done on the "redesign" of the extraordinary tax on energy companies, although he has denied that this is due to Repsol's warnings that this tax "conditions" its investments in Spain.

Sánchez, in an interview with Antena 3 collected by Europa Press, pointed out that the energy crisis led energy companies to obtain profits "for doing nothing", the so-called 'profits fallen from the sky', which is why the Government proposed this tax.

"What are we seeing right now? Fortunately, thanks also to the European energy policy and in Spain of renewable energies we are seeing that the electricity bill is reducing, that the price of energy is being contained, it remains high but it is reducing, and we are also seeing that there are industrial projects that also need that coverage of an energy policy that, in some way, stimulates, incentivizes these large investments in renewable energy," he pointed out.

In this way, Sánchez has confirmed that the extraordinary tax on energy companies is currently in the "redesign" phase to also see how such industrial projects can be incentivized.

The president has denied that there is a lack of legal certainty in Spain and has pointed out that 20% of all global projects linked to green hydrogen, "which is the energy of the present and the future, are located in Spain."

"And that has a lot to do with legal certainty, which was not provided, by the way, by the Rajoy Government, which proposed eliminating premiums for renewables, with retroactive effects. It opened many awards for us at an international level, which is why, Fortunately, thanks to the negotiating skills of the vice presidents, we have been closing and agreeing," he noted.

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