Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-29-Speech-4-072-000"

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"en.20110929.4.4-072-000"2
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"Madam President, the steel industry is the foundation on which the European Union was created and one of its key economic pillars. Without the steel industry, it is not possible to maintain future growth and development in a global market which does not have any compulsory common rules. Steel and aluminium production requires large volumes of electricity. Regardless of the short- and medium-term improvements which will be made in the future to cut carbon emissions deriving from electricity production, the price of this energy will obviously rise due to additional costs incurred with emission certificates. I think that the production of steel and aluminium in electric furnaces must be quickly included among the industrial sectors eligible for financial compensatory measures, with the aim of safeguarding the European Union’s industrial competitiveness. This can eliminate the disadvantages in competing with steel and aluminium producers from countries that grant subsidies or do not promote policies aimed at reducing carbon emissions."@en1
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