Repsol and Naturgy bosses cry over Europes green policies

Published on June 02, 2026 | Translated from Spanish

The presidents of Repsol and Naturgy have raised their voices against Brussels, denouncing that European climate policies are a burden on competitiveness. They point to China as the great unregulated polluter while we tie our own hands here. However, it is worth remembering that while they warn of deindustrialization, the electricity bill has not stopped rising and their profits are soaring. A stance that, seen in perspective, sounds more like a defense of their margins than concern for the consumer.

two corporate executives in suits wiping tears while holding oversized energy bills, a glowing European Union flag in background cracking like broken glass, a Chinese factory silhouette emitting black smoke without filters, a power plant turbine overheating with red warning lights, a stock market graph showing rising profits next to a plummeting thermometer labeled green policies, cinematic photorealistic engineering visualization, dramatic industrial lighting with cold blue and angry red tones, metallic surfaces reflecting distorted faces, ultra-detailed textures on documents and machinery, action of tears falling onto financial reports, demonstrating hypocrisy between environmental rhetoric and corporate greed, technical illustration style with precise mechanical components

The technological dilemma between decarbonization and corporate margins 🔥

The technical debate centers on the energy transition. While Europe demands investments in renewables and emission reductions, major oil companies advocate keeping gas as a transition fuel. The problem is that this model, without firm regulation, allows companies to set prices in marginalist markets that make electricity more expensive. Solar and wind technology is already cheaper to produce, but the price matching system means we pay the cost of gas, not renewables. That is the technical key to the discontent.

Complaining about China while filling their pockets, a classic 💰

So, the energy executives are very concerned about Chinese pollution. So much so that while they denounce the situation, their companies post record revenues. It's like a waiter complaining that the customer next door is ordering too many portions while serving you the most expensive bill on the menu. Of course, they worry about deindustrialization, but only if they can't move production to Morocco. Don't let them fool you: they want a Europe where they set the rules and citizens pay for the gasoline.