Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-11-17-Speech-1-220"

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"en.20081117.27.1-220"2
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". The question of carbon dioxide capture and storage is today an indispensable part of the discussions about climate change. We are talking about a very promising technology, which nevertheless has yet to earn the trust of society. Its future utilisation could serve as a sort of realistic compromise between the unavoidable use of fossil fuels and the aims of climate protection. Since carbon dioxide capture presupposes considerable long-term investments, it is crucial for the European Union to establish a consistent, stable legal framework. I think the climate package as amended by Parliament points in all the right directions in this regard. In a commendable turn, the relevant Parliamentary report proposes issuing free emission quotas to the 10-12 experimental power plants, instead of giving direct financial support. I deem it imperative that the power plants entitled to free quotas be designated by the European Commission according to the principle of regional balance. I agree with the rapporteur that in order to promote the new technologies, sources for new research and development must be substantially strengthened – at both Member State and EU levels. EU support cannot be a substitute for efforts by the private sector. Provided that carbon capture and storage is really a viable solution, there will be companies willing to take an active role in making the necessary investments. In addition, it is important to note that support for carbon capture should not divert funds from sustainable energy sources. The technology being discussed here may be feasible but is by no means the only solution for limiting the effects of climate change."@en1

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