Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-18-Speech-3-509-000"
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"en.20120418.25.3-509-000"2
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"Mr President, the directive submitted is an important part of the key debate on EU energy policy. The submitted draft again, unfortunately, involves heavy administrative intervention in the energy sector. With the current preference – and the sometimes exaggerated direct financial support – for renewables, the situation on the market may get even worse. In some countries, for example, we have seen excessive support for solar power, with long-term commitments to purchase electricity at inflated prices. It is now clear that this results in huge business with highly negative impacts. The result is often dramatic, unsustainable increases in energy prices for firms and individuals, and an attempt by governments to rein in this fiscally dangerous development.
I am therefore concerned about this heavy regulatory intervention, which may lead to a downturn in manufacturing opportunities in many countries, and may also have significant and incalculable social effects in Member States. Overall, this may put at risk the global competitiveness of the EU."@en1
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