Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-09-04-Speech-2-128"
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"en.20070904.16.2-128"2
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"I voted for this resolution on better regulation. As a socialist, I have no difficulty in putting further burdens on industry to protect health and safety, the environment or raise the minimum wage. Yet I want value for money. The End of Vehicle Life Directive that came into force some years ago was estimated by the British Cabinet Office to have cost the economy GBP 400 million (EUR 590 million) while providing environmental and social benefits at a level of GBP 100 million (EUR 150 million) per annum. If these figures are anything like accurate, this directive was a political and environmental failure. We want costs to industry (and society) where there is a large multiplier as to benefits with costs of GBP 100 million providing EUR 500 million in benefits. Implementing the recommendations for in future cost benefit analysis of proposed legislation will do exactly that."@en1
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