Display:
Big business wants centralised power generation, investment banks want a vawe of cross-border utility mergers, and the Commission does what its masters want. It seems there was a tug-of-war between Piebalgs (energy efficiency) and Barroso (market liberalisation) and Barroso won. The FT also just looks at the issue from its masters' perspective.

If the market would provide, according to the Adam Smith's fairy-tale of the butcher and the baker at the marketplace, it would indeed be a bottom-up approach. But we're talking about a government bureaucracy with a central control mentality and in cahoots with big industrial conglomerates. So "free market" is just Doublespeak.

Those whom the Gods wish to destroy They first make mad. -- Euripides

by Migeru (migeru at eurotrib dot com) on Thu Jan 11th, 2007 at 05:04:56 AM EST
[ Parent ]
Big business wants centralised power generation, investment banks want a vawe of cross-border utility mergers, and the Commission does what its masters want.

But that can't be the whole picture, or even the primary focus, can it?  I mean, Barroso might be kowtowing somewhat to his "masters", as you put it, but do you really think he would risk the EU's reputation -- or that other EU policy makers would let him do so -- by enabling a neoliberal-appeasing policy which would undermine such a high-profile agenda?

Look at the headlines:

"Creating A Cleaner Continent"
"Europe Union Proposes Cleaner, More Competitive Energy Market"
"EU challenges world with new climate change target"
"EU sets new climate change target"
"EU Planning to Cut Greenhouse Gas Emissions"
"UK welcomes tough EU energy stance"
"EU challenges world with new climate change target"
"EU Seeks to Lower Energy Consumption"
"EU plans to use 20% renewable power by 2020"
"EU Seeks to Cut Greenhouse Gas Emissions"
"EU calls for 'industrial revolution' in green energy"

Headlines like that create major expectations in the eyes of the world -- and will leave some serious egg on the EU's face -- if the EU doesn't come at least within throwing distance of these targets.

It's great at least to hear about such a bold initiative that raises the bar internationally on what countries should be doing to -- or at least caring about -- with respect to energy policy.

Truth unfolds in time through a communal process.

by marco (cowannar at gmail punkt com) on Thu Jan 11th, 2007 at 06:14:05 AM EST
[ Parent ]
do you really think he would risk the EU's reputation -- or that other EU policy makers would let him do so -- by enabling a neoliberal-appeasing policy which would undermine such a high-profile agenda?

Whenever the energy paper gets to a tricky point it seems to invoke "the market will provide". So, yes.

The EU seeks to do all these things, but the only thing that is a priority for 2009 is market liberalisation. The rest is just targets with no teeth.

Those whom the Gods wish to destroy They first make mad. -- Euripides

by Migeru (migeru at eurotrib dot com) on Thu Jan 11th, 2007 at 06:31:57 AM EST
[ Parent ]
are those of the business press

The FT's is:

EU readies for energy battle
Brussels to crack down on national power groups
Kroes may resort to antitrust legislation


Germany and France geared up yesterday for a battle to save their powerful integrated companies from being broken up after Brussels published plans to tackle "serious competition problems" in the sector.

Emissions change are mentioned in the last apragraph of the story and in an article in inside pages.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Thu Jan 11th, 2007 at 06:39:28 AM EST
[ Parent ]
"The only headlines that matter are those of the business press"

And that would be because...?

Those whom the Gods wish to destroy They first make mad. -- Euripides

by Migeru (migeru at eurotrib dot com) on Thu Jan 11th, 2007 at 06:41:16 AM EST
[ Parent ]
The only headlines that matter are those of the business press

If you're right, then we're already lost.

But I hope you're wrong.  I hope that public opinion, public expectations and preferences, both within Europe and around the world -- not just business opinion -- can influence the EU's public policy.

Truth unfolds in time through a communal process.

by marco (cowannar at gmail punkt com) on Thu Jan 11th, 2007 at 06:45:33 AM EST
[ Parent ]
By the way, this seems to be following Bush's playbook: "there is a dire problem, the EU must act now, here is urgent legislation to achieve these ambitious objectives". In reality, the objectives hide a different agenda, and if you oppose the legislation because of its actual, likely "unintended" consequences, you'll be accused of opposing the stated ambitious and urgent objectives.

Those whom the Gods wish to destroy They first make mad. -- Euripides
by Migeru (migeru at eurotrib dot com) on Thu Jan 11th, 2007 at 06:51:27 AM EST
[ Parent ]
It's like watching people on drugs.

"There's a problem!"

"Yeah man - hey - yeah - you're right. A problem. I totally get that."

"The house is burning down!"

"Burning down? What? Oh - yeah. Bad. Very bad."

"We must do something!"

"Yeah - do something - right. How about - I know - let's say here's the answer. And we'll pray to this statue of Adam Smith. That always works. Right? Solved. Cool. Yeah. Hey... What were we talking about just now?"

by ThatBritGuy (thatbritguy (at) googlemail.com) on Thu Jan 11th, 2007 at 09:18:38 AM EST
[ Parent ]
Stop blaming poor Adam Smith. It's hardly his fault that these eejits can't read more than a few quotes from his works.
by Colman (colman at eurotrib.com) on Thu Jan 11th, 2007 at 09:20:11 AM EST
[ Parent ]
"It's the statue, man. The statue."
by ThatBritGuy (thatbritguy (at) googlemail.com) on Thu Jan 11th, 2007 at 10:58:08 AM EST
[ Parent ]
Sometimes reading ET is like watching people on drugs.

Those whom the Gods wish to destroy They first make mad. -- Euripides
by Migeru (migeru at eurotrib dot com) on Thu Jan 11th, 2007 at 02:24:52 PM EST
[ Parent ]
Sometimes?
by ThatBritGuy (thatbritguy (at) googlemail.com) on Thu Jan 11th, 2007 at 07:40:34 PM EST
[ Parent ]
We're not necessarily lost, but there will be a battle to be fought in the Council and the European Parliament. Eventually there will be a directive, and I wonder what real power the Commission has to apply "anti-trust" regulations to the energy markets.

But it would be interesting to come up with a coherent reply to the document, and try to get that to the national ministers that will take part in the discussion in the Council (in March, I believe?).

Those whom the Gods wish to destroy They first make mad. -- Euripides

by Migeru (migeru at eurotrib dot com) on Thu Jan 11th, 2007 at 06:59:35 AM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Occasional Series