Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-05-06-Speech-3-060"

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"The regulation establishes a programme of aid for the EU economy during the crisis. Allocating this aid to energy projects will lead to economic recovery, increased security of energy supplies and a reduction in emissions of greenhouse gases. At least, it is assumed this will happen. A sum of EUR 3.5 billion has been allocated for this. Will this programme contribute to overcome the crisis? I doubt it. Not many jobs will be created immediately with that money. Time is needed to prepare each of the projects, so they will improve the economic situation only after a delay. The projects differ in their importance. The most important are the ones which concern energy connections between networks. This will strengthen cohesion within the EU. In my opinion however, the projects should include energy connections between Poland and Germany. In the area of carbon capture-and-storage technology the eligibility criteria are too high, and there is an assumption that this technology has already been developed on that kind of scale, although, in fact, it has not. The nonchalant manner in which the Commission squanders the Community’s money is puzzling, and I think it is the result both of poor discernment and of the doctrine behind their approach. Surely money thrown down the drain, I mean money thrown into CCS installations, would have done more to tackle the crisis if it had been used for the large-scale renovation and insulation of buildings, or for the construction of hundreds of biogas stations. The environment would also have benefited."@en1

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