Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-02-15-Speech-4-153"
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"en.20070215.20.4-153"2
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"The economic impact of the increase in oil prices is considerably greater in situations such as that of Malta, which is a country wholly dependent on oil as its energy source.
This is a problem that has never been addressed with the urgency it deserves, despite the fact that a country of Malta’s size lends itself more easily to the development of creative alternatives. If our limited space does not allow us to build large alternative energy plants, then fiscal incentives must be made available to those businesses and families that want to invest in cleaner energy technology.
Due to a lack of planning in the area of oil purchasing, Maltese and Gozitan families and businesses now have to pay a surcharge on their electricity bills, which currently stands at 45%.
This surcharge on services that are so essential is proving to be a financial burden on families, especially those in the lower income bracket, and is giving rise to extra costs for companies - a development that in turn is putting pressure on the cost of living. Worse, this continuous fluctuation in prices makes it difficult for individuals to plan ahead, and this leads to uncertainty.
What is even worse is that, while people are asked to pay extra for indispensable services, there is an unjustified waste of public resources.
The European Parliament's recommendations indicate long-term solutions to the problem. However, governments too should plan ahead in order to be able to cope with problems such as these and not expect their mistakes to be paid for by workers, families and small businesses."@en1
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