Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-17-Speech-3-175"
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"en.20081217.16.3-175"2
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"− I voted for this report, despite the numerous loopholes within it and the derogations granted to 10 new Member States. Why vote for an imperfect report? Because it does make some progress when measured against the current regime. There will be an EU-wide cap for the ETS sector, and Member States will have less power in the process. The principle of a full auction of permits for the power sector has been maintained. The aviation sector has been granted only a small percentage of new access to the CDM. But the main importance of the revised scheme is that it provides the architecture for an important part of the post-Kyoto agreement. We now have a scheme that other countries can join and use to help drive down their emissions – if they limit the pre-auction elements and set ambitious targets. The use of the revenue will be closely watched. Member States cannot simply look on this as an addition to their coffers. It must be used to help the transformation to a low-carbon, sustainable economy, which the world needs."@en1
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