European Parliament, Brussels, 01 March 2017
Speech Plenary March 1st
The explanatory statement for this proposal says its objectives are “secure, affordable and sustainable energy”.
Yet for many years the EU has followed policies which directly militate against those objectives.
Germany, with the largest renewables investment, now uses increasing volumes of lignite. In the UK, we are planning to use diesel generation as back-up.
The highly respected Economist magazine runs a front-page story “Clean Energy’s Dirty Secret”.
I recommend it to colleagues. It says we have created regulatory and subsidy structures that militate against energy infrastructure investment, and threaten security of supply. I quote: “Green energy is eating its own tail”.
Yet this proposal today amounts to little more than bureaucratic paper-pushing.
The explanatory note concludes “The EU is torn apart by migratory and eurozone crises: it desperately needs a success”.
Indeed. But this report will not deliver that success.