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EU unveils vast plan to merge 28 energy markets
Associated Press ^ | Feb 25, 2015 8:18 AM EST | Lorne Cook

Posted on 02/25/2015 6:15:20 AM PST by Olog-hai

The European Union’s executive has unveiled a vast plan to boost coordination between the EU’s 28 national energy markets to wean Europe off unstable Russian gas supplies and provide cheaper energy for consumers.

European Commission Vice President Maroš Šefčovič 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 Europe’s 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 EU’s 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 Parliament’s liberal ALDE group, Guy Verhofstadt. …

(Excerpt) Read more at ...

TOPICS: Business/Economy; Crime/Corruption; Germany; Government; Miscellaneous; Russia; United Kingdom; War on Terror
KEYWORDS: belgium; centralization; energy; energymarkets; eurobanking; europeanunion; europhiles; eussr; foreignpolicy; france; germany; guyverhofstadt; nato; norway; putinsbuttboys; russia; tories; turkey; ukip; ukraine; unitedkingdom; vladtheimploder; waronterror
Verhofstadt selling out his own country again (Belgium). The EU’s definition of “independent foreign policy” is no truly independent foreign policy sovereignty for the member states, just like they had their fiscal sovereignty taken away from them.
1 posted on 02/25/2015 6:15:20 AM PST by Olog-hai
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To: Olog-hai

Can’t they just build more windmills?

2 posted on 02/25/2015 6:17:26 AM PST by Paladin2
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To: Paladin2

You mean the central government?

3 posted on 02/25/2015 6:18:02 AM PST by Olog-hai
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To: Olog-hai; AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

Putin strikes again! Yeah! Vlad the Imploder ping.

4 posted on 02/25/2015 10:44:03 AM PST by SunkenCiv (What do we want? REGIME CHANGE! When do we want it? NOW!)
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