Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-588-002"
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"en.20121120.31.2-588-002"2
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".
In a situation of economic collapse, we need to take every step to buttress European productivity and the economy of individual states within the Union, and to lower citizens’ costs of living. There has to be a consensus on these objectives in the forum of Parliament. This makes it all the harder to understand the behaviour of representatives of the European left. This behaviour runs counter not only to the spirit of integration, but also to common sense. The attack on shale gas – the remedy for Europe’s energy problems – is remarkable for its one-sided and narrow point of view, a point of view that has so far been most associated with lobbyists for Russia’s Gazprom – a monopolist which will be the biggest loser from shale gas. I would just remind you that the recent CERA report assesses shale gas deposits in Europe at 173 billion/m
. The potential to extract and make use of even 10 % of these geological reserves means a massive change to European security in the gas supply sphere and a significant strengthening of the European economy. This is especially true since CERA estimates suggest that by 2025 the level of gas production in Europe should lie in the 60-200 billion m
range. Moreover, in contrast to Russian gas, this gas is to be found within the European sales market. As a consequence, if Europe can just manage to develop unconventional gas extraction and suitably control its costs, it will provide strong competition both for Russian gas transported from distant Siberia and for LNG produced from shale gas and brought to Europe from the United States."@en1
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