Ten CEOs push for EU energy policy to change direction: Dramatically reduce green energy subsidies

This press conference was held by the CEOs for ten of the European Union's largest utilities. The CEOs, who call themselves the Magritte Group, said EU energy and environment policy is failing in its objectives and had raised the risk of the lights going out. One of the wishes expressed during the press conference was the drastic reduction in subsidies for mature renewable technologies including wind and solar, and to concentrate the subsidies on research and development for technologies of the future. Gérard Mestrallet, CEO of GDF Suez, is featured in this video.


OCT 11 2013
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