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Wednesday, May 6, 2009

SEatWtC Part 11: Energy Policy of the European Union

The European Union
Image courtesy of the Wikimedia Commons
The European Union

Energy Policy of the European Union

According to online sources, “the European Union has legislated in the area of energy policy for many years, and evolved out of the European Coal and Steel Community, the concept of introducing a mandatory and comprehensive European energy policy was only approved at the meeting of the European Council on October 27, 2005 in London.

The EU currently imports 82% of its oil and 57% of its gas, making it the world's leading importer of these fuels. Only 3% of the uranium used in European nuclear reactors was mined in Europe. Russia, Canada, Australia and Niger were the largest suppliers of nuclear materials to the EU, supplying more than 75% of the total needs in 2007

France has made a common energy and environment policy by the end of the year the top priority of its six-month 2008 presidency of the European Union.”[7]

References

Tune in tomorrow for Part 12 of SEatWtC!

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