Madrid, December 5 (RHC)-- A new analysis says global greenhouse gas emissions are projected to hit a record high in 2019, the latest study highlighting the world’s failure to take the dramatic action needed to avert the most catastrophic impacts of climate change. 

The analysis comes amid the opening week of the U.N. climate summit in Madrid, Spain, known as COP25. Among the sponsors for this year’s summit is Endesa, Spain’s biggest corporate greenhouse gas polluter. 

The electric utility provider emits about 60 million tons of carbon each year.  The company has received an exhibition space inside the conference, in exchange for $2.2 million dollars in sponsorship money.