Carlos Alonso
Responsible provincial institutional policy of the United Left
recently surprised to see in the media, various members of the PSOE and the PP, at local, provincial, regional or national, criticizing the utilities for their deplorable attitude to the Decree of the coal. Attitude, which if successful, will be the last straw for the coalfields.
Let's start saying that all the processing of this order is unfortunate and we should ask ourselves: If Spain was president of the rotating European Union the first months of 2010, how the decree is not handled then?. It is also curious that the free market argue that these two parties and which preaches the European constitution constitution that they drafted, supported and sold to us as the solution to all our problems, as the basis for the claim of the electric companies, against the decree of coal, crippling the sector. Those parties who preach globalization and non-interventionism in the economy, except to save the banks, are now telling us that we must intervene in the market for the subsistence of the domestic mining sector, have they seen the light as St. Paul? or is it hypocrisy?.
If the English government, like the Portuguese EDP, Enel or Italian with the German Eon available from a state-owned utility, could overcome some of these problems. But remember, that PSOE and PP, were to blame for the privatization of Endesa, because if this company will continue today to be public, not make use of the decree, or ceased to burn domestic coal. It is curious that the Italian government to control its energy sector through the public company Enel and Endesa us through.
remember that Endesa was entirely in government hands until 1988, ruling PSOE, the privatization process started with an Initial Public Offering Sales (IPO) of 25% of shares. Later in 1994, also ruling PSOE, was sold a second tranche, and two years later was transferred to the State Industrial Holdings Company (SEPI, the heir of the old INI).
SEPI addressed the last phase of privatization with two new OPV in 1997 and 1998, governing the Pp, becoming one of several private companies with public capital in Spain. It then disappears as Empresa Nacional de Electricidad State Society and becomes a semi-public corporation, a private company with the simple name of Endesa. Finally, and l SEPI Board of Directors agreed at its meeting on September 28, 2007, ruling PSOE, go to the takeover bid by Enel and Acciona on Endesa, and sell the 2.95% owned. After this last operation, SEPI has no further involvement in Endesa.
If successful the use of power and means to national mining, we must ask:
Who are the real culprits?, On the one hand it is clear that those who seek their greatest benefit, as the free market and what that led to this situation, with the privatization of Endesa and free market of the European constitution?
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