Brussels, 15 November: this press release is in view of the Commission Communication entitled: “Making the internal energy market work”, published today.
Mixed messages on the role of gas in EU energy and climate policy are leaving investors confused. A coherent future approach would be a driver for gas projects in Europe and could better support efficient climate action.
Europe’s energy and climate policies aim at three objectives, each of which is vital in its own right, and all of which must work together.
Eurogas supports initiatives aimed at further development of energy efficiency measures.
Energy efficiency has a key role to play in responding to the challenge of climate change, and in the transition to a resource efficient economy and a sustainable energy mix.
Eurogas welcomes the Commission’s general proposals. Below are some further detailed Eurogas comments on the 3 proposals.
During 2008 and 2009, criminal organisations committed Value Added Tax (VAT) fraud within the EU, causing an enormous amount of damage to the CO2 emissions market and resulting in financial losses for Member States of at least five billion euro (according to Europol sources). This fraudulent activity also damaged the integrity and reputation of the emissions market.
European energy markets need appropriate treatment under proposed EU regulation of financial transactions
Brussels, 19 October 2011 - Eurogas welcomes the Commission’s Infrastructure Package and more particularly the Commission’s Proposal for an Energy Infrastructure Regulation, which recognizes the essential role of gas in Europe’s energy mix and the importance of ensuring timely development of gas infrastructure across the European Union and its neighbourhood. We support the Regulation proposals to promote the needed infrastructure “to meet the Union's core energy policy objectives of competitiveness, sustainability and security of supply.”
Tomorrow’s European energy policy will be focused on a sustainable combination of various forms of energy in response to the needs of EU consumers. It will be optimized with more efficient use of energy, the reduction of greenhouse gas emissions and achieving security of supply objectives on a cost-efficient basis.
Eurogas has welcomed the opportunity to engage in the consultation process on a nonbinding gas market model.