European Common Energy Policy

European green paper in energy march 2006

BRUSSELS

March 8 should be celebrated as Europe’s energy independence day, when Commission President launched the EU’s Green Paper on providing the community with a Common Energy Policy. However, Europe’s energy dinosaurs greeted the prospect of the EU finally taking action to tackle the continent’s energy problems with fear and trepidation. Immediately calls for defence of national interests have been made to protect national energy companies from the threat of liberalisation of Europe’s energy markets was demanded. Energy lobbyists in both France and Spain struck up the banner of patriotism, the need to protect jobs and the local equivalent of the American dream. Little did they care for the damage such action would have on Europe’s business competitiveness, nor for the people that they were going to make unemployed or even the nightmare for pensioners living in fear of the next energy bill. Instead, their promotion of national champions will result as Commission President Barrosso says in the creation second division champions, when Europe needs Premier class champions to fight its corner in the world energy markets. To Read More http://www.oxfordprospect.co.uk/Europe%20Watch.htm