Repsol CEO Josu Jon Imaz says Europe is pushing an ideologically driven vision of the energy transition that is undermining progress in the fight against climate change. Imaz said the region is placing too much emphasis on electrification as a panacea for tackling global warming, which is both costly and ineffective as a tool for lowering CO2 emissions. Repsol, based in Spain, is the winner of this year's Energy Intelligence Energy Innovation Award.
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