Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-09-28-Speech-3-267"

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"The recent developments in oil prices has brought the problem of high oil prices to the top of the agenda, in light of the severe problems that this rise has caused in terms of economic growth and employment, and this at a time when the EU economy is virtually grinding to a halt. As Professor Michael T. Klare said recently, the era of easy oil is over. This twilight for the oil era is increasingly being seen in the politicisation of oil policy and by the repeated use of military power to gain control of available supplies. There is no shortage of examples and the war in Iraq is one of the most visible. We feel it is crucial that the issue of assessing resources and the drive towards prospecting for and developing hydrocarbons at both European and world level be the subject of far-reaching debate. One positive step would be to arrange a conference under the auspices of the UN, so as to ensure a worldwide approach to reducing oil consumption. We must prepare for the future by investing in research to find ways of reducing oil consumption in terms of GDP. Furthermore, we must invest in alternative energy sources and in using energy more efficiently, which is one of the most serious structural problems facing a number of countries, including Portugal. The next financial perspective must accord this issue the importance it deserves, and earmark funds for renewable energy."@en1

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