10
Sep
2025
Watch
Implementation of EU-US trade deal and the prospect of wider EU trade agreements (debate)
Mr President, dear Commissioner, you and our colleagues from the EPP called for political responsibility in supporting this deal. But I think it's very far-fetched to claim that it is responsible for us to spend USD 750 billion on natural gas, oil and nuclear energy from the US. If Russia has taught us something, it is that Europe must become independent in its energy production through a green transition by no longer depending on others – and especially not on unpredictable populists and dictators. But looking at this deal with the US, it seems perhaps we have not learned our lesson. Let's face it, Commissioner Šefčovič, these billions are needed here in Europe, to benefit European consumers and companies, not to fill the coffers of ExxonMobil and Chevron – the same corporations that have blocked ambitious climate action for decades. Instead of pouring money into fossil fuels, we must invest in renewable energy production, in batteries, in the circular economy. Our regulation, our climate goals, our values are not for sale. And we cannot – ever – trade them away.