Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-02-15-Speech-4-045"
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"en.20070215.4.4-045"2
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".
The increase in the price of energy, in spite of favourable parity between the euro and the dollar, remains a factor in the European economy’s instability. It also reflects our economy’s excessive dependence on oil, the price of which has shot up whilst the prices of other forms of energy have remained stable or have risen by less.
We must take account of a complex situation and effect a political response revolving around the following points. The first is the emergence of European energy leaders, because they alone are capable of negotiating on an equal footing with our main suppliers for the benefit of our Member States. They must be able to go on concluding long-term contracts so as to secure supplies and to cushion heavy investment. Finally, they must not be weakened by the recommending of all-out separation of assets as a factor of competitiveness in the market. Such separation does not make for competitiveness.
The second point is promotion of a genuine energy mix based on renewable energy sources, nuclear energy, energy efficiency and increased budgets for research into the energies of the future such as ITER.
Preparing for the post-oil era, these policies will enable the Union to remain competitive while ensuring generally affordable energy supplies for its economy."@en1
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