Local view for "http://purl.org/linkedpolitics/eu/plenary/2014-02-04-Speech-2-762-000"
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"en.20140204.64.2-762-000"2
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"Mr President, on energy policy we like to talk about three objectives: energy security, competitiveness and sustainability, although the technologies we use to pursue sustainability are clearly unsustainable. For years we have focused obsessively on green policies and renewables and we have totally ignored both competitiveness and security of supply.
On competitiveness, we are creating what Industry Commissioner Tajani has called an industrial massacre in Europe. We are driving energy-intensive businesses away off-shore, taking their jobs and their investments with them. Often they go to jurisdictions with lower environmental standards, so we are increasing global emissions while driving jobs out of the EU. We are forcing up domestic energy prices and driving households and pensioners into fuel poverty; thousands of pensioners will die of winter cold as a result of our policies.
Renewable subsidies are profoundly regressive, taking money from poor consumers and giving it to rich landowners, companies and hedge funds. Meantime, America has cheap shale gas, China has cheap coal and the EU cannot compete. On security of supply we are doing little better: countries like Germany once had excellent power supplies but now teeter on the brink of disaster. We need to scrap renewable subsidies; we need to prioritise indigenous resources like shale gas and coal. We are closing nuclear power stations in Germany and coal-fired power plants across Europe. The Commission’s proposal fails to address these problems. It will do nothing to enhance jobs or prosperity. It will hasten European decline."@en1
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