Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-02-25-Speech-4-165"
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"en.20100225.15.4-165"2
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"We are today voting in favour of this regulation, bolstered by the increased authority that the Treaty of Lisbon confers on Parliament within the context of defining energy policies. It is definitely beneficial to pursue interinstitutional cooperation aimed at planning the EU’s contribution to the design and implementation of energy infrastructure in a systematic, rational and far-sighted manner: I am thinking of the possible advantages for the programming of the TEN-E and the launch of pilot projects for CO
storage, which represent the future of energy. However, the information obligations imposed by the regulation could mean that the policy interferes too much in the economy and that competition is undermined, as a result of news being spread about the projects. It is therefore important to ensure that the data that is gathered and managed safeguards the confidentiality and the activities of businesses. Analysis of this data will certainly help to ensure that best use is made of the investments. However, the analysis must be accompanied by concrete financial measures to support those works and to provide an incentive for private investment in the sector. The Marguerite Fund for infrastructure, energy and climate change must be strengthened. The initiative is valid and necessary, but this fund needs to be swelled with the EU resources that are already available in the budget and linked to forms of financing guaranteed by the European Investment Bank and/or other financial institutions, so that it can have an adequate share in the equity of the individual public-private partnerships that are in operation."@en1
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