Mr. John Fitzgerald:

It did not happen for competition reasons when we tried to break up the utilities and have TSOs, and allow people around this table, on the private sector side, to participate in energy. That did not happen then because of local national prerogatives but for climate change it has to happen. Many countries will be unable to decarbonise economically by themselves because they are trying to put in technologies where they do not have a comparative advantage so the cost will go up. There are a lot of landlocked countries in Europe that do not have a marine resource. If they are going to truly decarbonise then they will need to co-operate and there will need to be a common European plan. I hope that the new Commission will recognise that in due course in their climate law and implement it but without that we are doomed.