Skip to comments.EU unveils vast plan to merge 28 energy markets
Posted on 02/25/2015 6:15:20 AM PST by Olog-hai
The European Unions executive has unveiled a vast plan to boost coordination between the EUs 28 national energy markets to wean Europe off unstable Russian gas supplies and provide cheaper energy for consumers.
European Commission Vice President Maro efčovič on Wednesday called it undoubtedly the most ambitious energy project since the inception of the EU over half a century ago. He believes that improving links across borders in Europes energy grid could save businesses and consumers up to 40 billion ($45.4 billion) a year.
A more energy-independent Europe will also increase the EUs political options in eastern Europe. [ ]
Our dependence on external energy resources has affected our ability to conduct an independent foreign policy, warned the leader of the European Parliaments liberal ALDE group, Guy Verhofstadt.
(Excerpt) Read more at hosted.ap.org ...
Can’t they just build more windmills?
You mean the central government?
Putin strikes again! Yeah! Vlad the Imploder ping.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.