Local view for "http://purl.org/linkedpolitics/eu/plenary/2003-09-23-Speech-2-110"
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"en.20030923.4.2-110"2
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".
The Commission’s proposal aims to implement natural gas supply measures, in the wake of recent crises or impending crises, particularly as a result of the United States’ attacks on countries like Iraq. There are so many relevant issues here that it is impossible to deal with all of them in this speech. The Commission even attempts to appropriate the right to intervene in the workings of Member States, an ambition quashed by Parliament, thus ensuring that the Member States retain their prerogatives in this area and in relation to their international obligations.
As researchers suggest, the substance of these documents is not explicit but implied, the point being that world oil production has more or less peaked, or even passed its peak, and that although natural gas production may indeed continue to rise, it will peak in about 25 years at best. Both face inevitable decline.
In view of these facts, the establishment of a European Observation System for supply of hydrocarbons, charged with solving this key problem, could make a contribution, in particular, to our knowledge of the state of world stocks and to essential research into other energy sources, such as renewable ones."@en1
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