Revealed: The EU's great green U-turn on policy that is sending energy bills soaring across the continent

Daily Mail
"The European Union is quietly taking steps to shred the ‘green agenda’ responsible for rocketing energy bills across the continent. It is now urging members to restore Europe’s competitiveness by ‘fracking’ for cheap natural gas from shale, instead of pushing ‘renewable’ energy subsidies which cost consumers billions of pounds. The policy shift was unveiled last week at a Brussels summit attended by David Cameron. ......The EU’s about-turn has been prompted by news that electricity prices in Europe have risen by 40 per cent since 2005, while those in the US have fallen by 10 per cent. The main reason for America’s cheap energy is its booming shale gas industry. Many EU nations – including Britain – have their own vast reserves of shale gas, but fierce opposition from green activists has stalled efforts to extract it. But after last week’s summit, EU leaders issued a statement saying ‘the supply of affordable and sustainable energy to our economies is crucial’. They added that the EU would support ‘systematic recourse to on-shore and off-shore indigenous resources’ – a reference to shale."