Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-496-500"
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"en.20110705.34.2-496-500"2
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"The majority rejected the report on the opportunities for a greater reduction in greenhouse gas emissions and the assessment of the danger of moving carbon emissions out of the EU because my fellow Members probably regarded it as not ambitious enough. However, the same majority approved via electronic voting the paragraphs which envisaged achieving a higher reduction in emissions by increasing energy efficiency without changing the current 20-20-20% targets to be achieved by 2020. I believe that every new higher target nowadays puts Europe’s industry at serious risk of becoming less competitive and leaving it open to whole sectors moving out of the EU. The reason for this is that it is not definite that other industrial and developing countries will follow Europe’s example and adopt the same ambitious commitments. Another reason for this is that the new targets mean significant changes to EU legislation, although the old legislation has not even come into force yet in the EU. This has disastrous repercussions for European business’s planning as a global player. The last reason is that it would entail higher prices for emission quotas, bigger green investments from business and, in the long run, dipping again into the already dwindled post-crisis financial resources of the general public who ultimately have to foot the bill. First of all, let us do everything we can to achieve a global agreement on reducing emissions after showing how ambitious Europe can be."@en1
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