Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-255-500"

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"Having liberalised the energy sector, with all its well known consequences, namely the formation of private monopolies, high prices and little attention to consumers, Parliament is now adopting new rules to prevent abuses in the wholesale energy market and protect consumers, which everyone now acknowledges is necessary. Under the Commission’s proposal, the monitoring of these markets will take place at EU level so as to ‘enable Member States to prevent and punish anti-competitive behaviour’. They forget that they contributed to this by facilitating privatisation and the concentration of capital in this area. This Regulation on Energy Market Integrity and Transparency (REMIT) will be applied to the trade of wholesale energy products, and particularly to contracts and derivatives related to the production, supply and transport of natural gas and electricity. Of course, they are now saying that ‘energy must remain affordable for everyone as it is the key to the economy’. However, they cannot hide the fact that price liberalisation has led to a serious problem, that energy poverty is increasingly the unfortunate reality for consumers, or that micro-, small- and medium-sized enterprises have seen their production costs grow significantly; there are still no responses to this situation. That is why we voted against."@en1

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