Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-04-Speech-4-110"
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"en.20081204.5.4-110"2
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"We are pleased that at the moment, the negotiations between the European Parliament and the Council on the ‘Renewable Energy and Climate Change’ package are progressing towards reaching agreement.
The European Council to be held 11-12 December 2008 will decide on all the elements linked to this package.
In preparation for the discussions to take place 11-12 December, Romania along with Slovakia, Hungary, Bulgaria, Lithuania and Latvia submitted on 28 November a proposal for redistributing the income obtained from auctioning CO
emissions, based on the following formula: ( 90 – x)% + 10% + x%, where x is distributed to those Member States which successfully achieved reductions of more than 20% in the Kyoto emissions ceiling in 2005.
Romania also feels that a review clause is absolutely essential in 2014, without however raising a question mark over the 20% (or 10%) reduction targets, simply in order to facilitate possible adjustments to the mechanisms, based on the specific conditions during the relevant period (which cannot be predicted just now)."@en1
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"2"1
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