Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-07-08-Speech-2-335"

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"Ladies and gentlemen, Commissioners, Council representatives, I want to say that today we find ourselves in the same situation as the people in the book by John Bunyan, which asks ‘Were you Doers, or Talkers only?’. I think that now is the time for action and that European voters want us to adopt measures that would result in fair prices on the energy markets. The share of speculation today counts for 30% to 40% of the final price, and it would be good to introduce an energy price moratorium when the year-on-year increase is over 30%, as it is now. I think that people expect us to do this. It is clear that salvation is not to be found in the markets alone, and the old saying that ‘financiers support the state just as a rope supports a hanged man’ is confirmed. In my opinion, liberalisation will not help us in the present situation. What will help us is building new capacities (including the much condemned nuclear energy) and investments, massive investments in new technologies. Here we may see a real challenge: creating the basis for a new, long-term technological era in the energy sector. Crises, including energy crises, are overcome by innovation."@en1

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