Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-04-Speech-4-111"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2008-12-04"^^xsd:date2
dcterms:Is Part Of	lp_eu:State of the negotiations on the climate change and energy package (continuation of debate)2
dcterms:Language	"fi"^^xsd:language2
lpv:document identification number	"en.20081204.5.4-111"2
lpv:hasSubsequent	lp_eu:2008-12-04-Speech-4-1122
lpv:speaker	lp:Esko Seppänen2
lpv:spokenAs	substitute; CONT (2007-01-31--2009-07-13)3 vice-chair; Delegation to the EU-Russia Parliamentary Cooperation Committee (2004-09-21--2009-07-13)3 unknown; Vasemmistoliitto (2004-07-20--2009-07-13)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2004-09-15--2009-07-13)3 member_of_the_bureau; EUL/NGL (2004-07-20--2009-07-13)3 substitute; ITRE (2007-01-31--2009-07-13)3 member; BUDG (2007-01-31--2009-07-13)3
lpv:translated text	"The emissions trading scheme presents a choice of two options. On the one hand, we have the brokers’ model, and, on the other, the industrial model. The brokers’ model is an opportunity to speculate three times over for those who do not need emission rights for production but who buy them to sell them to manufacturing companies at a high price. They can buy the rights at auctions and on the secondary market at emission rights exchanges, and still speculate in them on the power exchanges. While there are emission rights, people can even speculate in them with over-the-counter deals, avoiding the exchanges entirely. That is why we need to go for the speculation-free industrial model, where targets for cutting emissions are achieved through benchmarking, with Best Available Technology (BAT) establishing standards for reductions."@en1

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