Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-07-08-Speech-2-340"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-07-08"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conditions for access to the natural gas transmission networks - Internal market in natural gas - European strategic energy technology plan (debate)2
lpv:document identification number	"en.20080708.35.2-340"2
lpv:hasSubsequent	lp_eu:2008-07-08-Speech-2-3422
lpv:speaker	lp:Liam Aylward2
lpv:spokenAs	member; ENVI (2007-01-31--2009-07-13)3 substitute; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2007-03-14--2009-07-13)3 member; UEN (2004-07-20--2009-07-13)3 unknown; Fianna Fáil Party (2004-07-20--2009-07-13)3 substitute; AGRI (2007-01-31--2009-07-13)3 member; Delegation to the ACP-EU Joint Parliamentary Assembly (2004-09-15--2009-07-13)3 vice-chair; Temporary Committee on Climate Change (2007-05-22--2009-02-04)3 substitute; PECH (2007-01-31--2009-07-13)3
lpv:translated text	"Mr President, investing in new and cleaner technologies must be a central element of EU strategies to ensure that we can reach the EU target of 25% of energy supplies coming from the renewable sector. It is equally important that other trading blocks around the world sign up to similar commitments in the near future. However, fuel prices are now the more serious concern for the citizens of European countries. The European Union must put in place innovative policies to help stem the rise of oil prices. Increasing oil production is a key element of this process. Mr President, there is clear uncertainty in the international financial markets at present. Many speculators have switched their investment strategies into the commodities market and this speculation has contributed to increasing pressure on oil prices in an upward spiral. Rising oil prices is the last thing that European business and consumers need at a time of increasing economic difficulties. The European Union needs to have a progressive neighbourhood policy in place which will ensure that we can protect and secure our energy needs into the future."@en1

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