Europe’s declining competitiveness with U.S. industry has its leaders
worried, but they admit having no hope of matching the shale revolution
that is powering a revival of manufacturing across the Atlantic.
For Europe to remain in the game, energy taxes must be held in check
and no new taxes levied, said the European Union’s energy commissioner,
Gunther Oettinger.
Instead, Europe must use its energy more efficiently and the European
Union’s 27 member countries should open their energy markets to
cross-border competition, Oettinger said at a news conference last week
in Brussels.
READ MORE: http://www.midwestenergynews.com/2013/04/03/coal-makes-a-comeback-in-europe-as-conventional-gas-dries-up/
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