Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-11-Speech-2-102-000"

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"en.20120911.6.2-102-000"2
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"Madam President, we believe that the internal market, with competition between suppliers and strong consumers, makes an important contribution to keeping prices and price increases moderate and in proportion. That is why we are pursuing a strategy of diversification. Take gas, for example. Our most important partner is Russia, but Russia does not have a monopoly. Where Russia does still have a monopoly – in the Baltic States, for example – we are creating competition by means of infrastructure. Secondly, Norway; thirdly, Algeria; fourthly, we are encouraging the construction of LNG terminals and we are also taking an open approach to demonstration products for shale gas in some Member States. In this way, we avoid monopolies setting the price. As a result, the price in the market falls. Energy efficiency is another means by which we can lower energy costs long-term. Thirdly, it is the Member States – not us – that are responsible for taxes. There is a European minimum tax rate. The majority of the Member States have much higher taxes. In other words, the Member States have it within their power to lower energy costs for their citizens by reducing taxes. One final point: spending on electricity and heating is spending on basic requirements. That is why the Member States must adjust their social policies – the way they provide financial assistance to people in need – to increases in energy costs. Energy belongs in the European shopping basket just as much as housing, transport and food. Member States have a duty to check energy costs year by year and to adjust their social payments accordingly for the benefit of their needy citizens."@en1
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