Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-342-500"

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"This is a resolution with both positive aspects and some contradictions. However, the fact of the matter is that there are many different man-made atmospheric emissions that may interfere with the earth’s climate and the European Union’s approach to the problem of climate change has focused almost exclusively on carbon dioxide. This cannot be unrelated to the fact that this is the compound around which it has been chosen to construct a scheme to create billions in fantasy financial assets through so-called carbon trading. However, where they have already been tested, such market solutions have not proven effective. Quite the contrary, these solutions have shown themselves to be ineffective and misleading. As such, as an alternative to so-called market solutions, it is important to adopt a regulatory approach to limiting those gas emissions which are likely to interfere with the earth’s climate. This approach must take into account the potential offered by scientific and technical advances, the specific situation of each country and a necessary and profound change in the mode of production which currently dominates at global level."@en1

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