BURGAS24.BG: EU REGULATORY OBSERVATORY GIVES COMMISSION’S ENERGY SAVINGS PLAN ONLY 5.15/10

BURGAS24.BG: EU REGULATORY OBSERVATORY GIVES COMMISSION’S ENERGY SAVINGS PLAN ONLY 5.15/10

The EU Regulatory Observatory’s report “Unlocking the True Value of Our Energy Union” welcomes tax cuts and faster permitting in the Commission’s €130 billion Affordable Energy Action Plan but criticises its deep contradictions: pursuing lower prices while forcing rapid decarbonisation, centralising markets yet demanding efficiency, and relying on immature technologies. Scoring just 5.15/10, the study warns that price controls and interventionism risk higher costs and market distortions.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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