PowerSwitch

In 2012, the European Commission published the final draft of Europe's new Energy Efficiency Directive. But how effective is Europe's new Energy Efficiency Directive in the context of the European sovereign-debt crisis?

http://www.power-technology.com/feature ... ro-crisis/

What are your thoughts …………………

JMS wrote:In 2012, the European Commission published the final draft of Europe's new Energy Efficiency Directive. But how effective is Europe's new Energy Efficiency Directive in the context of the European sovereign-debt crisis?

http://www.power-technology.com/feature ... ro-crisis/

What are your thoughts …………………

I think that's like hoping that eating brown bread is going to help when you've already got colon cancer.

Could smart power save the Euro?

Not a farts' chance in a thunderstorm...

It will actually make things worse. The tendency will be for power companies and their political allies to introduce measures that allow them to make more profit for each unit they provide.

Smart power dangles the prospect of paying less some of the time and more at others. What'll happen is the normal tariff will become the lowest, so everybody pays more for the same consumption and those in struggling economies will be put into an even worse position as they'll have less disposable income to cover the extra cost.

But then that's what TPTB want isn't it? They don't want disposable income, they want ALL our income.

I don't see how it can save the euro but sharp action on energy efficiency would certainly improve the European economy because it's highly cost effective (indeed generates savings), improves the balance of payments, generates employment, increases innovation...