Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-06-17-Speech-2-309"
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"en.20080617.38.2-309"2
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"Madam President, the common theme of the proposals for the energy market is its restructuring in favour of private enterprises, while public energy suppliers are being weakened, despite being left to bear the underlying costs.
In my country, where the energy market is controlled by public suppliers for the public good, anything like this will have very unfavourable consequences. The EU is asking for the base of the pyramid to be entrusted to capital enterprise so that the prices for other goods can be set. This is because, to a large extent, energy determines the cost of the production process, which will be passed on incrementally to the consumer.
In these times of ever-increasing energy demand and steadily rising oil prices, leaving the energy market to the mercy of the private energy giants will be disastrous and cartels are likely to be formed. The theory of price regulation through competition is simply a myth: in practice, it has led to the creation of powerful monopolies in a number of sectors of the economy, with devastating effects on the market and consumers."@en1
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