Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-24-Speech-3-301"

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"Mr President, here are three pieces of information. I really think that the era of producing energy in one place and then transporting it and selling it all around the world has taken us into a territorial situation that for good reason has become part of the global financial crisis, for there is rainfall that is beneficial and then there is flooding. When we suddenly have too much rain in a place that cannot absorb it we call it a flood and a disaster, and this results in a stream of by-products and in all this accumulated money supply being managed in an unreal way. Mr President, Commissioner, ladies and gentlemen, energy is the subject of the century. I have listened to Mr Goebbels speaking just now and I was struck by the emotive tone of his contribution. I am of the view that we not only have to reduce our consumption levels but also localise it in a way that removes our dependence on the type of energy involved. This will also create problems, as is the case with coal, which is a localised resource and one that has to be taken into account. We also need to localise speculation, we need to limit it and we need to combat it. The EU-OPEC meeting one and a half months ago proposed calling in specialists to carry out a major review in an attempt to understand what has been happening from a short-term perspective in various market sectors. Then we have the matter of long-term anticipation. The only response as far as anticipation is concerned is to abide by what was decided at Jeddah, namely that Europe, which means every country in Europe and Europe as a whole, has to move towards energy efficiency and reduced consumption. If we give up six to nine billion, and if we follow this model, then the anticipators will clearly always be right. The question may arise, Commissioner, about a certain course of action, about increasing the global financing for various areas of research. As for energy efficiency, that is a subject to which we will certainly be returning."@en1
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