Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-09-28-Speech-3-262"
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"en.20050928.23.3-262"2
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"Mr President, I wish to make a few remarks that some might find heretical.
In my opinion, the European Union should encourage international political debate that would open the way for investment in developing countries. The benefits of this are obvious: major European companies would contribute financial resources to developing countries, while Europe would benefit from the cheaper oil from those countries and help to increase living standards there.
From an economic point of view, we should let the market work without any regulation, any limitation or any further burdens. We should stop dreaming of cure-all renewable energy sources and remain realistic. We should not make any attempts to artificially influence oil prices. The only possible solution is to let the market work. The market forces stemming from a supply and demand approach will themselves re-establish the balance between high consumption devices and the natural and consumer-friendly development of brand new products.
We must not step up our efforts to achieve tax harmonisation at a supranational level and we must not promote tax incentives that would result in lower rates of taxation for individual segments of the energy or oil industry."@en1
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