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IEA chief: Energy efficiency directive is 'a must'(euractiv.com 14 Jun 12) Fatih Birol, the chief economist of the International Energy Agency, has warned EU countries about the "absurd" strategies they use to subsidise fossil fuels. In an exclusive interview with EurActiv, he urged EU leaders to make the Energy Efficiency Directive, currently in its final negotiation stage, “a must”. “Not to push the energy efficiency measures is another way of asking for higher emissions, higher energy import bills and higher energy insecurity," Birol said. "So, therefore I think it is a must that we all have to push the energy efficiency measures throughout the energy supply chain,” he said. “Europe being a champion of climate change [policies], it needs also to be a champion of energy efficiency.” Fossil fuel subsidies 'absurd' Energy imports cost the EU €84 billion in 1999 and rose rose nearly sixfold in the past decade, hitting €488 billion last year, figures from the EU's statistical office Eurostat show. “On the one hand, not to use energy efficiently and on the other hand to – in some countries – subsidise fossil fuel energy is an absurd strategy,” the IEA economist said.
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