Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-01-18-Speech-3-323-500"
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"en.20120118.24.3-323-500"2
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"At the Cancún Climate Conference, it was brought up as a solution that in exchange for contributing to the European Union’s 30% emission reduction commitment Central and Eastern European Member States should be allowed to a limited extent to carry over their unused emission allowances. This solution seems favourable in several respects. Firstly, even during an economic crisis the whole of the European Union should strive to be at the forefront of the fight against climate change. Through appropriate regulatory means, European companies could be encouraged to undertake innovations in energy efficiency, renewable energy sources and water and resource efficiency. In future such technologies in the service of energy and resource efficiency will represent the foundations of European competitiveness. Without innovation there can be no competitiveness, without a competitive economy there can be no employment, without jobs the European social model cannot be sustainable. Secondly, such an agreement could also be to the advantage of the Central and Eastern European Member States. The reason for this is that by selling their climate assets they can make up for missing funds necessary to implement a shift to an economic model based on sustainability. In Hungary’s case the estimated value of these climate assets is around EUR 900–1 000 million; revenues of this amount could be an immense help in achieving a green economic turning point in Hungary. I therefore encourage Member State representatives in the Council to agree on the carryover of Central and Eastern European emission allowances during the term of the Danish Presidency, which has a positive attitude towards this initiative."@en1
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