• Natural Gas News

    EU Observer: EU-U.S. Energy Coordination

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Summary

If configured correctly, an intra-EU explosion of natural gas development, similar to what has been occurring in the U.S. in the past few years, could not only drastically reduce dangerous dependence on Russian resources, but also aid in meeting 2020 carbon emission goals.

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Press Notes

EU Observer: EU-U.S. Energy Coordination

Overshadowed by the frantic negotiations to save the Euro-zone, but in many ways no less important, high-level EU and U.S. representatives met in Washington DC at the end of last month to midwife still nascent official cooperation on energy policy between the transatlantic partners.

The importance of these talks for the post-economic crisis world is difficult to overstate. The EU-U.S. Energy Council, as the formal coordination mechanism is called, will likely set the standard for the developed world in working towards greater energy security, harnessing new energy technologies, and addressing environmental concerns. This is why U.S. Secretaries of State and Energy, Hillary Clinton and Stephen Chu led the recent talks together with EU High Representative Catherine Ashton and Energy Commissioner Gunther Oettinger. HERE