(Finance) – “Europe has a poor energy connection, there is no trading platform, there are borders, there is no complete connection of storage”. said themanaging director of EniClaudio Descalzi, at the meeting “Futuro Quotidiano”, at the Luiss in Rome. The manager underlined how the European reality is not comparable to that of the United States and China also because “Europe is not even a country or a federation” and in a “deficient system” the concept of energy globalization is “deficient”.
One can die of an excess of environmental virtues
The CEO of the energy group welcomes the EU’s decarbonisation goals, but stresses that they are very ambitious. “That Europe does good for the environment is an important banner. It has made decisions for epochal changes and due to the urgency it has given very ambitious environmental objectives and has also given technological objectives for the reduction of emissions. It is virtuous what has Europe has done, but obviously one can also die of an excess of virtue” – said Descalzi – defining a “mistake” the decision to exclude biofuels from vehicles starting from 2035 because “we have to talk about competitiveness and prices”.
“On the environmental issue – the manager went on – Europe has taken a top-down decision” and set itself an “important objective”, but “the wrong thing is to have given an environmental objective a technological objective”.