Roiss Claims Energy Strategy

People ♦ Published: July 26, 2012; 20:04 ♦ (Vindobona)

Gerhard Roiss, CEO of the Austrian energy company OMV, warns of a withdrawal of the energy-intensive industry tot he U.S.

Roiss Claims Energy Strategy / Picture: © Flickr / World Economic Forum

In an interview with the Austrian newspaper „Standard“, OMV´s CEO criticizes that Europe has no coherent energy strategy. The labor-intensive industry would go to China, the energy-intensive industry would go tot he U.S., he says. In the U.S, energy is substantially cheaper than in Europe.

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