Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-12-15-Speech-2-130"

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"en.20091215.13.2-130"2
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"Mr Barroso, we have recently heard that there is to be a closure of the Corus steel works on Teesside in northern England. This is due to an EU target reduction of 20% of carbon emissions. Thanks to the carbon credit, Corus can no longer afford to employ over 5 000 steel workers, including suppliers. We also have the spectacle of the British Government admitting that its hands are tied on this issue because of punitive EU competition law. The real gain to Corus from stopping production on Teesside is the saving it will make in its carbon allowances allocated by the EU under its emissions trading system scheme, which will be worth up to GBP 600 million over the next three years. But surprise, surprise – guess what: the head of the IPCC, Rajendra Pachauri, is also the head of the Tata Foundation, so, one must ask ? Because Tata owns Corus. The question I would like to ask is: is it now official EU policy to offer incentives to companies to close plants such as Teesside so that they can outsource their business to countries such as India, or is there a more personal interest at stake here?"@en1
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"(Protests from the floor)"1
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