Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-06-16-Speech-3-054"
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"en.20100616.4.3-054"2
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"In addition to the question of international financial regulation, the agenda of the G20 summit will also include global climate change and, as a related matter, the carbon tax as well. The European Commission is itself devoting increasing attention to introducing this tax in the European Union, and the accident at the BP drilling rig is giving even greater impetus to the debates on the subject. It is therefore worth formulating a few basic principles. First, as regards carbon tax, we must not forget that there are already market-based climate protection tools in place, one of which is the EU’s emissions trading system. The introduction of any type of tax on emissions can be considered only in those sectors that do not yet participate in the ETS systems that cover an increasing range of sectors. We must avoid imposing multiple, repeated taxation. Secondly, the carbon tax cannot be a purely income-generating tool intended to help governments reduce their budget deficits. Its introduction can only be supported if it is accompanied by significant environmental advantages, and if it does not place too great a burden on the population or on European industry. Thirdly and finally, the primary condition for introducing a carbon tax at Community level is that other developed industrial nations should act likewise. It is precisely for this reason that, like in the case of global financial regulation, the basic legal framework must be laid down in this respect, as well. The G20 summit may provide the appropriate opportunity to do so."@en1
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