The vested interests of the European energy industry are on the march, threatening us all with doom and citing “green-influenced legislation … regulatory uncertainty … (and) plans to auction pollution permits …”
But this is smokescreen: after the farce of the first round of the ETS they know full well why another wave of free CO2 allowances is out of the question. Here’s the real issue:
"Eight countries, led by
And cheering on from the sidelines:
For once, the Commission is on the side of the angels, and has finally settled on the most effective way of busting these recalcitrant monopolies.
They and their dirigiste governments need to be faced down. Pure and simple.
FOOTNOTE: here’s a little irony – a display at the RA of French and Russian ‘masterworks’, sponsored by - the aforementioned E.on ! whose German gas arm Ruhrgas is heavily dependent on Gazprom, and whose
"At a time when the energy relationship between Europe and
There are no coincidences …