26-Jan-2015
The “Market Stability Reserve”
(MSR) was deliberately designed to raise the cost of energy still further.
Incredibly, the advice from the British Government to UK MEPs was to support
both the MSR and an earlier date of implementation, writes UKIP
Energy Spokesman Roger Helmer MEP.• 'Just a couple of days ago I wrote about the disaster of European energy policy, which is creating “an Industrial Massacre in Europe” (former Commissioner Antonio Tajani). It is driving jobs and investment and industry — and emissions — out of Europe altogether. Often they go to jurisdictions with lower environmental standards, so we may also be increasing global emissions as we undermine EU competitiveness.
In steel, and aluminium, and petroleum refining, and glass, and chemicals, and cement, plants are closing and hundreds of thousands — maybe millions — of jobs are being lost across Europe. And this is the result not of bad luck, or an act of fate, but as a direct consequence of deliberate policy decisions which have forced up the price of energy.'
