Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-10-25-Speech-3-251"
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"en.20001025.11.3-251"2
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"Mr President, ladies and gentlemen, the Committee on Industry, External Trade, Research and Energy also sees emissions trading as a reasonable solution. However, we also believe that it should only apply to 50% of the total reduction in emissions. The key point about emissions trading is that in future not only electricity and gas will have a price, but also CO2. That sounds very simple, but it means a total revolution in the energy business, in the energy sector. We need to be aware of that. It will have enormous consequences and I am convinced that it can also help to reduce emissions.
What is the likely scenario for the next few years? I hope that following successful completion of the negotiations in The Hague, the European Union will ratify the Kyoto Protocol. That means that we will be legally committing ourselves.
The next thing required is for the Commission to bring forward a directive sharing the burden among the 15 Member States. So we need quotas. But these quotas must be linked with sanctions, otherwise they will be meaningless. In other words we will then have a common energy policy via environment policy, which would be a very circuitous route. We could then start emissions trading within the European Union in 2005. Once more, I hope that we will be able to adhere to this scenario, more or less, and that we will not let ourselves be put off by the fact that others, perhaps even the United States, will not have signed it for the time being. We should support the Commission here and present a united front as far as possible."@en1
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