Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-23-Speech-2-074"
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"en.20101123.5.2-074"2
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"The European Commission is trying – at any price and in a way which is not justified by economic rationale – to reduce coal extraction. These efforts have been artificially stimulated by the increase in costs of generating energy in coal-fired power stations. I refer to the costs of emissions. It is a policy which undermines the economic foundations of those countries in which most energy is derived from coal. Such a strategy testifies to a lack of understanding of the need to have a coherent fuel and energy policy which prefers economic effectiveness and competitiveness. It also testifies to the lack of a unified energy policy guaranteeing security of energy supply and a lack of regulations based on uniform criteria for the entire common market, which would lead to fair competition while retaining minimum social costs. We are dealing, today, with a brutal violation of those principles.
The question is, what kind of industry does the Union need – an industry which benefits the Union, or one which is supranational, corporate and which invests its taxes in tax havens? Primary industries and power generation require many years of investment and concentration of capital, which means they need to be subsidised. Furthermore, they do not have to be profitable at any price. Cheap energy and fuel are essential for secondary industry to be competitive, including the machine industry. So we are talking about net profitability. I would like to say that the Union’s economic problems during the crisis are not only the result of dishonest global financial speculations, but there is also a lack of a sound, uniform and fair industrial policy in the Union itself, particularly a fuel and energy policy."@en1
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