Brussels' utopian green energy fantasies spark energy crisis in Europe — Hungarian PM

Europe Materials 21 October 2021 21:01 (UTC +04:00)
Brussels' utopian green energy fantasies spark energy crisis in Europe — Hungarian PM

The European Commission's utopian green energy fantasies have caused an energy crisis in the European Union, and they are killing the middle class, which is the foundation of European democracy, Hungary’s Prime Minister Viktor Orban told reporters on Thursday upon arrival at the EU summit, Trend reports citing TASS.

According to him, there is no split between the East and the West in the EU.

"The real dividing line is common sense and not-common sense. That is the problem with the energy price. What Timmermans (Executive Vice President of the European Commission for the European Green Deal - TASS) and other propose will kill the middle class of Europe. And the key to European democracy is the middle class," Orban warned.

Orban stressed that the new energy policy is "rocketing the prices to the sky, destroying the middle class everywhere in Europe, not just in the East but in the West as well,"

"So, [there is] common sense on one side and fantasy on the other. Utopian fantasies kill us, that is the problem with energy prices as well," Orban concluded.

He said that Brussels is making a big mistake when it includes cars, road traffic and housing in the system of quotas for carbon emissions.

The Hungarian Prime Minister was talking about the plans for "green transition" and the climate agenda of the European Commission, which, in particular, imply the introduction of numerous additional taxes and tariffs on carbon fuels. By doing so, Brussels is trying to forcefully switch the EU economy to renewable energy sources.

In particular, and the European Commission admits it, the rise in gas prices in Europe was caused by the rapid rise in prices on the carbon quotas market, which is being created and actively developed by the European Commission. The EC is trying to minimize the damage from this system. In early October, Timmermans said that according to the estimates of the European Commission itself, the rise in prices for carbon quotas accounts only for about 20% of the overall rise in gas prices.