Europe has the highest wages in the world

Europe has the highest wages in the world. Can impose to have, in addition, the higher energy costs in the world "The reflection of an industrial, Governments are beginning to share, country by country, with horror. In France, François Fillon comes to new rules of the game for the photovoltaic industry is being discovered archi non-competitive (1). Many projects are "poor quality", note the Prime Minister, deplored expediency of hunting for grants. It attempts to close the cave of Ali Baba of the treasures not renewable.

The France is not alone: the Spain, in great difficulty, was cut short to subsidies promised before the crisis. The Germany should do the same in April. The findings will come inevitably in the wind. The France decided to launch an offshore wind farm, it will be 15 times more expensive than a central gas. Is - this time although when, precisely, the price of gas falls after the discovery of the immense resources of us shale

The veil rises on the costs of the environmental promises made in 2007, before the crisis. Europe, which is at the forefront of the fight against climate change, has promised, by 2020, to cut gas emissions greenhouse of 20 (compared to 1990 levels) and take 20 share of renewable energy in its consumption. Better today measured the colossal sums of investment this represents and its impact on the prices that will have to pay for industry and consumers. We measure better also in France, in passing, that the equipment is foreign, Chinese especially, and that the grants encourage imports.

Photovoltaic technology as the wind are as unreliable as expensive energy, in the sense that they depend on definition of the Sun and the wind. What clouds and calm To ensure light and heating to households, will build on computers capable of managing "intelligently" resources in real time. But it remains to be able to dispose of sufficient conventional sources. In other words, EDF will even increase its nuclear power plants for export reasons: should be "Windows" in France. Green Europe must invest twice.

Modernize these existing parks and transport networks requires already raise impressive amounts. France, the advantage of a lower price of electricity for a third the average European, with the efforts made in the 1970s and 1980s, should suddenly disappear. Nicolas Sarkozy thanked the EDF Pierre Gadonneix pattern in 2009 because it claimed an increase of electricity by 20 in three years to fund modernization. His successor is mentioned that the right figure will be instead of 25... in fact certainly still very reduced.

Ancient renovated and new energies: total, according to the "Financial Times" (2), Europe must invest 1,000 billion euros by 2020. This is roughly double the current rate by operators in the sector. Where to find this mountain of money In sovereign wealth funds Chinese investors There was first catch of participation in Europe and America. But where is it possible in this sector deemed strategic that is energy The only possible response will be to provide a guarantee of return to investors and thus allow operators increase the rates paid by customers.

How much In Britain, the regulator found that household electricity bill will have to double to represent 2,000 pounds (2,400 euros) per year or about 10 of household spending. France, the final note should be close. This will be true in Europe.

In the next 10 years, Europeans will see their buying power cropped by the race for competitiveness, by increases in raw materials, including oil, and by the