Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-24-Speech-3-279"
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"en.20101124.19.3-279"2
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"Mr President, I congratulate the rapporteur and colleagues on this successful report. The creation of a pan-European energy market is in the interests of all Europeans. In opening up energy markets, however, we have ignored the issues of market transparency and comprehensiveness.
I am worried about the fact that, while hundreds of billions of euros’ worth of electricity, gas and CO
emissions quotas are changing hands on the markets, there is a clear supervisory and legislative gap. I therefore welcome the European Commission’s initiative to fill the gap. I hope that the Commission’s communication, shortly to be adopted, will be centred on consumer protection and define a clear pan-European regulatory framework which establishes unequivocal rules and definitions in order to avoid insider dealing, market manipulation and to increase market liquidity.
I believe that ACER, the European Union’s energy market regulator set up by the third internal market package, must eventually carry out supervision of electricity, gas and emissions trading, and I suggest that supervision of these three markets should be brought under the aegis of a single regulator in the Member States."@en1
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"2"1
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The resource appears as object in 2 triples