Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-09-22-Speech-1-096"
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"en.20030922.6.1-096"2
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"Madam President, I should like to start by commending the rapporteur's work on this portfolio, it is an important matter. I share the Commissioner's concern over the need for security of supply for oil and gas in Europe, but we might have different ideas as to how we can achieve it - in particular, not by interventionism in the markets.
Why is the Commissioner seeking to reinvent the wheel when there are already satisfactory arrangements in place with the IEA for a regime of maintaining oil reserves? It was established in the 1970's in response to the crisis then and it has served us in good stead ever since, so why replace it?
I have even more concern about and difficulty with proposals to use reserves to intervene in the market for purposes of price-smoothing, when experience shows – and recent experience in the United States in particular shows – that it does not work. It would be a distortion of a market that has worked well for a very long time.
Commissioner, you are to be commended for the many initiatives on energy that you have introduced over the last four years, not least for the Green Paper on security of supply, for which I was Parliament's rapporteur. However, the different measures you have brought forward – on liberalising gas and electricity markets, on promoting renewables, on increasing energy efficiency and on developing trans-European energy networks – make clear to me that there is no need to create a additional chapter or legal base on energy, because you have all these instruments available to you already.
I think this is an unnecessary measure. With particular reference to the proposal on oil reserves, although I bow to my colleague's views about the measure on gas being in a different category, I make no apology for reintroducing the amendment to reject this proposal and in doing so I thank all those colleagues who supported me on this specific aspect. I hope you will take this in the spirit in which it is intended and reflect on different ways of achieving the objective that we share: maintaining security of supply for energy in Europe.
Furthermore, should we win the vote on this amendment – and as my colleague indicated, it was very close in committee – I trust that the Council and the Commission would respect the outcome and not carry out the threat made in committee by the Commissioner's services to go for a different procedure, in effect acting behind Parliament's back in seeking to persuade the Council to do something which, so I understand, it does not want to do anyway. So I urge you to pause and think again."@en1
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