Ignacio Galán calls for incentives for companies that pollute the least

The president of Iberdola, Ignacio Galán, has asked this Wednesday to take another step in the policies that target the companies that pollute the most and to go beyond “the polluter pays” and begin to think about incentivizing those companies that make the greatest effort to reduce their emissions.

Ignacio Galán recalled that there is a social clamor and a political consensus to advance in decarbonization as reflected in the last COP28 climate summit in which 118 countries have agreed to multiply electrification by three and a progressive abandonment of fossil fuels.

In this environment, the president of Iberdrola has attacked companies that engage in “greenwashing” for confusing society with messages about the fight against climate change when in reality they are not doing everything they should.

Ignacio Galán launched these messages during the presentation of the Q-Cero Alliance, in which 40 companies from sectors as varied as wine producers such as Abadía Retuerta, brewers such as Heineken, real estate companies such as Merlín Properties, pharmaceutical companies such as Bayer, paper companies such as Ence, or construction companies like Holcim or Tubos Reunidos and even an oil company like BP.

“We are united by the fact that we all need thermal energy in our production processes and we have to advance in decarbonization. And only if we unite and share our methodologies and experiences will we be able to continue advancing at the speed required by the challenge of reducing emissions and turn Spain into number 1 in global decarbonization,” said Carmen Díaz, CEO of Holcim in representation of the companies of this new alliance.

“Uniting helps us move forward, but it is also a moral obligation if we want to leave our children a planet, at least, equal to the one we have known,” Galán pointed out.

The conference was organized at Iberdrola’s headquarters in Madrid in an event in which the participating entities showed their main advances and their R&D projects in decarbonization. This is the case of the Ence Group “As leaders in the management of sustainable biomass in Spain, through our subsidiary Magnon Servicios Energético we offer a comprehensive decarbonization solution for the industry, through a renewable and manageable generation source such as biomass”, said Guillermo Negro, CEO of Magnon Servicios Energéticoes, the subsidiary in charge of decarbonization in the multinational paper company.

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