Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-04-Speech-4-053"
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"en.20081204.3.4-053"2
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"Mr President, the problem of climate change is one of the greatest challenges facing humanity. The European Union has developed an ambitious programme of reducing carbon emissions by 20% by the year 2020, improving energy efficiency and increasing the share of energy from renewable sources.
These plans demonstrate that the Union wants to lead the world in combating climate change, but the European Union is not an island, and cannot act alone. If we do not convince our partners around the world to make equally ambitious adjustments, we will not be able to deal with the problem in spite of our best efforts.
The proposed changes must be designed in the most efficient way, so as to minimise what will in any case be huge costs for the economy, and thus reduce the burden on the individual. In assessing the Commission’s proposal within this framework, I wish to point out two dangers.
First, the need for facilities producing energy to buy carbon emission permits at auction will lead to a significant rise in energy prices, especially in countries where coal plays a major role in power generation. This will have an adverse impact on household finances and on business competitiveness in those countries. The problem can be partially solved by benchmarking. This method rewards the most efficient solutions in their fuel category and thus allows the goal of carbon reduction to be achieved at a considerably lower cost.
Second, the currently proposed rights allocation system for emission strongly favours industries at risk of carbon leakage at the expense of heat and power generators. In fact, it puts richer countries in a privileged position, which does not seem to be a fair solution.
The allocation system should be designed so as to ensure that less well-off countries do not lose out to the others. The fairest system would seem to be one allocating auction revenue on the basis of Gross Domestic Product.
I call on the Commission and the Council to find a wise compromise, so that striving to achieve these goals does not undermine the competitiveness of our economies and cause living standards to deteriorate."@en1
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