Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-03-13-Speech-2-020"
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"en.20070313.6.2-020"2
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"Mr President, the climate change initiative has been raised to the very top of the agenda. Despite serious doubts about the extent to which CO2 causes global warming, the EU is determined to lead the world in reducing emissions. But, apart from nuclear power, sources of energy other than fossil fuels are still far from viable. This is true of renewables in particular. We now have a binding target of 20% for renewable energy with no proper assessment of the methods of achieving this ambitious goal or its cost.
Permit me to mention a lesson from the kindergarten school of economics. If you raise the cost of a resource, you make goods more expensive and you reduce competitiveness. We are told that this initiative will stimulate innovation in renewable technology and improve exports. Instead, it will make us all poorer.
I suggest this sudden obsession with carbon emissions is a distraction, an attempt to take our minds off all those other projects that have had disappointing results, such as the Lisbon Strategy, immigration and asylum policy, reform of the common agricultural policy, the euro and several more."@en1
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