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Repsol is a multienergy company that is present throughout the value chain, bringing efficient, sustainable, and competitive energy to millions of people. Committed to an energy transition toward a lower emissions future we support the European Green Deal’s ambition for climate neutrality in 2050.

REPSOL is a multienergy company that is present throughout the value chain, bringing efficient, sustainable, and competitive energy to millions of people. Committed to an energy transition toward a lower emissions future we support the European Green Deal’s ambition for climate neutrality in 2050. We welcome the opportunity given to provide input to the Public Consultation on the proposal of Revision of the ETD.

Abridged Version - See attached PDF General remark In Annex I of the Proposal we notice the “horizontal” character of the minimum tax rates irrespective of each MS’s economic indicators, industrial profile or GHG emissions.

Repsol shares the world’s ambition to reach climate neutrality in the framework of the Paris Agreement as well as the EU’s 2050 carbon neutrality objective. In this sense, on December 2nd, 2019, Repsol published its aim to become a net zero emissions company by 2050, making it the first oil & gas company in the world to assume this ambition.

REPSOL appreciates the efforts and the approach of the Commission on further improving the deployment of the alternative fuels in the transport sector. We appreciate the opportunity to provide our feedback to this Proposal and remain at EC’s disposal for any further clarification needed.

1. General Comment: Τhe AFIR’s revision should be based on the principle of infrastructure neutrality taking also under consideration that infrastructure is one of the key factors which will further promote the use of renewable fuels thus allowing for the decarbonisation of the transport sectors (both road and maritime).

Repsol welcomes the opportunity to provide comments to the European Commission on the proposal amending Regulation (EU) 2017/1938 and Regulation (EC) n°715/2009. Repsol is committed to ensure the security of gas supply, and thus we support the initiative of the Parliament and the Council on supply in the European Union due to the energy dependence of third countries and a possible disruption to Russian gas flow.

The turbulence of the energy market regarding volatile natural gas prices and especially the threat of a sudden significant disruption of Russian gas supplies, affects Europe as a whole. Without a doubt, a policy to mitigate its consequences would become more effective if implemented at EU rather than only at national -Member State- level. In this respect, DEPA Commercial S.A.