Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-10-20-Speech-1-030"
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"en.20081020.12.1-030"2
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"Mr President, the economic crisis affecting the European and global economies may serve to bring certain over-enthusiastic individuals to their senses. The crisis provides one more reason not to build the Northern gas pipeline. I trust that the economic data will finally convince those who refuse to be swayed by geopolitical arguments, namely that it is unwise to become dependent on a single supplier of energy resources, by the need for internal solidarity between Member States of the Union or by the real threat to the Baltic Sea ecosystem.
It is widely known that the construction and use of a pipeline along the sea bed is significantly more expensive than the proposed land-based alternative. Gazprom has not given any consideration to an alternative route running through politically and economically stable countries that all belong to NATO or to the Union. This suggests that the investors have what can at best be described as dubious intentions. The Moscow stock exchange has been affected particularly badly during the collapse of the world’s stock exchanges. Its difficulties may yet achieve more than all the common sense arguments put forward, including the European Parliament’s opinion calling for serious consideration of the land-based route for this venture. There is a Polish saying along the lines of ‘every cloud has a silver lining’ but this cloud is actually very black indeed."@en1
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