Spain faces more than 6,000 million euros in costs due to the industrial_CO2 tax until 2034

According to a recent report by Deloitte, sectors such as non-metallic minerals, chemicals, steel, paper and food will be the most exposed

Spanish industry is facing one of the most profound transformations in its recent history. As the European Union tightens its climate policy, the end of free allowances in the European emissions trading system (ETS) will be a major financial blow. According to an analysis carried out by Deloitte, the CO₂ bill for the manufacturing sector in Spain will exceed 6,000 million euros until 2034. In 2023, emissions from the Spanish manufacturing sector reached 50 million tonnes of CO₂ equivalent, mainly derived from industrial combustion and energy-intensive production processes. Today, a large part of these broadcasts are still partially covered by free rights within the ETS. However, that allocation will disappear by 2034, completely transforming the cost structure of companies.

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