From Interfax Energy Daily, another damning indictment of EU energy policy and it’s effect on business in Europe;
Brussels must consider fundamental energy policy changes to prevent a mass exodus of industrial players, according to speakers at a conference held at London’s Chatham House on Monday.
“The most effective energy policies are the ones that are transparent, predictable and based on cost benefit analysis. Importantly, policies [should] allow market prices and open competition to determine the solutions,” said Franklin.
“The EU’s policy approach, which has favoured government-mandated solutions, has undermined the goals themselves,” Franklin added.