http://www.truthout.org/issues_06/010507EA.shtml-snip-
The draft strategy proposals, obtained by Reuters on Thursday before publication on Jan. 10, call for cutting carbon dioxide emissions further, increasing energy from renewable sources and curtailing the powers of large energy companies.
The draft lacks crucial details as the European Union's executive Commission is divided over the scope of liberalisation and where to set various targets, a Commission source said.
The EU's priority should be to combat climate change, promote jobs and economic growth and reduce the bloc's reliance on energy imports, the draft said.
"This means transforming Europe into a highly efficient and low CO2 energy economy by catalysing a new industrial revolution, accelerating the change to low carbon growth and, over the period of years, dramatically increasing the amount of local, low emission energy," it said.
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The draft envisaged three ways to improve regulation of the energy sector, with the most radical option being "a new body at Community level with the responsibility of setting rules for the EU electricity and gas market covering regulatory and technical issues relevant to make cross-border trade work".
The measures, including others to improve management of oil and gas stocks and better interconnectivity of power grids among EU countries, will represent the core of a Common European Energy Policy, giving the bloc one voice in dealing with third countries.
The draft said the EU should consider proposing this year a major international agreement on saving energy with the aim of signing it during the Olympic Games in Beijing in 2008.
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hooray, some word action at last! now we will have to keep prodding the suits with pointed sticks to put action and money behind these words.