September 2004

Columns

HPIn Europe: Reregulators want the reins back

After a decade of undeniable market liberalization, it's claimed that industry in Europe is entering a new era. It will be a time of reregulation and, if you're in the EU, it's coming to a legislature..

Weirauch, Wendy, Hydrocarbon Processing Staff

After a decade of undeniable market liberalization, it's claimed that industry in Europe is entering a new era. It will be a time of reregulation and, if you're in the EU, it's coming to a legislature near you any time now. It means a heavier hand from government, an alleged threat to the competitiveness of European producers and some curious new taxes. It's motivated by a constellation of concerns, but perhaps the crux of the matter is a new, deeper pessimism over security of energy supplies. First though, some background about this era's predecessor ? Europe's own brand of deregulation. Marketing onslaught. For those who haven't lived through it, Europeans have spent much of

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