Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-04-13-Speech-3-310"
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"en.20050413.21.3-310"2
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".
I believe that the current situation with regard to the oil market, and the level of oil prices in particular, will encourage many parties to invest in alternative energy sources and renewable energy sources. This is where a balance will come about. We know, in fact, that the price of oil is due to some economic developments in certain areas of the world and also to some trends in financial speculation. The consequence of this will be to make renewable energy sources more appealing and, through these mechanisms, we will perhaps succeed in putting pressure on oil companies and in taking steps which favour the energy sources of the future."@en1
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