Pedro Sánchez has today reaffirmed the Government's intention to "redesign" the extraordinary tax on large energy companies to adapt it to the current situation. The Chief Executive confirmed in an interview on Antena 3 that the temporary tax would no longer make sense if there is no framework for high energy prices and, therefore, no extra benefits are being produced.
Sánchez recalled that the energy crisis led large energy companies to obtain profits "for doing nothing", known as 'profits fallen from the sky', which is why the Government proposed this temporary tax, which was approved together with the The bench.
"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 the coverage of an energy policy that, in some way, stimulates, incentivizes these large investments in renewable energy," said the President of the Government, thus reaffirming the words of the third vice president, Teresa Ribera, from COP28.
Sánchez has ruled out that the redesign of the tax is due to the warnings that Repsol has been issuing, mainly, in recent weeks. The energy company warned that the continuity of the tax as it is conceived "conditions" its investments in Spain.
The president denied in the interview that there is a lack of legal certainty in Spain and 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 concluded.
