Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-06-02-Speech-1-100"

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"en.20030602.7.1-100"2
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"Mr President, I would like to warmly congratulate all who have been involved in the hard work of bringing these reports to a coherent, positive and even strong conclusion. I particularly welcome the demands that nuclear decommissioning funds be fully subject to EU competition law. The management of nuclear decommissioning funds should never have been used or misused by the utilities as a form of state aid and as an excuse for going on a buying spree across Europe for other utilities. We risked this acceleration and creation of cartels. Therefore, I welcome the Commission's assurances here today. Neither the Commission nor the Council has covered itself in glory in the past on this issue but we have a more consistent approach now. In particular, although many Member States ring-fence these funds, France and Germany are allowed to set aside the funds for waste management and use them for acquisitions. This amounts to a clear misuse and even corruption with regard to them, and I welcome the fact that competition law will now apply. It would otherwise have had a very distorting effect on the energy market across Europe. How can we have a free market when there are three companies with EUR 10 billion or more at their disposal to buy up other companies? I am glad that logic has obtained and that these funds will be subject to competition law. I also very much welcome the inclusion of sustainability objectives and the equal status given to sustainability together with competition and with security of supply. In particular, renewable energies need to be promoted throughout Europe. For too long they have been the poor relation, particularly to the vast funds that the nuclear lobby has been able to access by fair means or foul, as I have already outlined. I hope that more funds will be available for renewables in the future."@en1
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