Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-10-24-Speech-3-436"
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"en.20071024.42.3-436"2
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Mr President, as you know, the European leaders decided to send the international community a clear signal of their determination to combat climate change by assuming the following commitments, with a view to encouraging negotiations on a global agreement for the post-2012 period.
Until said agreement is reached, the European Union has made the firm and independent commitment to achieve, by 2020, a reduction in greenhouse gas emissions equivalent to at least 20% of 1990 levels. Secondly, the European Union is ready to commit to a 30% reduction if the other developed countries make similar reductions and if the developing countries which are economically more advanced also make an appropriate contribution.
The European Union believes that it must take the lead in terms of ambitious emissions reductions so that the developed countries can convince the developing countries to contribute to the global effort.
Clearly, an ambitious target will also reinforce the global carbon market which must remain in place in order to limit the costs resulting from emissions reductions. Various measures have already been taken under the European Climate Change Programme and others are planned within the strategic analysis of energy policy in the European Union in order to achieve a significant part of the greenhouse gas reduction target.
The emissions trading scheme will play a central role in achieving the EU’s long-term targets for reducing greenhouse gas emissions and its analysis will be vital in realising the overall targets set for the European Union."@en1
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