Monday, April 03, 2006

EU Commission Smarter Than Swedish Government on Energy

While the EU Commission may do many stupid things, at least it have a better understanding of the energy market than the Swedish government. While the Swedish government hypocritically blames deregulation for the increase in electricity prices that their policies of higher taxes and supply limitations have caused, the EU commission points out that deregulation will other things being equal lower prices and is therefore threatening to sue the various countries that have failed to deregulate energy markets.


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