Large multinational enterprises: networks challenging the sovereignty of nations
by Janus
International Journal of Global Energy Issues (IJGEI), Vol. 8, No. 1/2/3, 1995

Abstract: The challenge of the energy independence of the European Union is not only to shield us from the temptations of blackmail which could be exerted by any ill-intentioned pressure group. The true challenge of the energy independence of the European Union is the full exercise of the control of a production factor which is indispensable for our survival, for our development, and for our future: energy. The problem of these states, richly endowed with liquid and gaseous hydrocarbons, is not the total quantity of their production sold on our markets, but the total volume of revenues which they rightly obtain. To do this, it is necessary to break with the inescapable logic of a market that demands ever more production, at ever lower prices. We must agree to guarantee to these States the financial resources they need for their growth and development. We must therefore move resolutely towards the complete regulation of the energy market in Europe. Regulation will mean periodic meetings with the exporting countries, meetings that will upwardly adjust the prices of fossil energies, production quotas, and imports by the different countries of the European Union.

Online publication date: Mon, 14-Jul-2014

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