Comillas Pontifical University
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Lawyer and Professor of Civil and Environmental Law at ICADE Law School (Universidad Pontificia Comillas)
Professor in the Department of Mechanical Engineering and Director of the Repsol Foundation Chair in Energy Transition at Comillas Pontifical University
Researcher at the Chair of Energy and Poverty at Comillas Pontifical University
A study estimates that household energy expenditure has increased by 62.6 to 112.9 % in 2022, following the Russia-Ukraine conflict. This represents an increase of 2.7 to 4.8 % of overall household expenditure. The analysis, published in Nature Energy, warns that this increase could push between 78 and 141 million people worldwide into extreme poverty.
After two long weeks of negotiations and outside the official deadline, COP27 has reached an agreement to create a loss and damage fund to help the most vulnerable countries face the impacts of the climate crisis. However, other issues such as greater ambition in mitigation strategies to avoid exceeding 1.5ºC of warming and less dependence on fossil fuels have not achieved the commitment of all parties.
On Thursday, president Pedro Sánchez announced an agreement with France and Portugal to create the "green energy corridor", which will connect Spain, Portugal and France to the European Union's energy network. According to the government, the corridor envisages the creation of a maritime gas pipeline connecting Barcelona with Marseille, which will be used to transport natural gas, hydrogen and other gases.