Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-15-Speech-4-230-750"

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"− I abstained from voting on this document because I believe that the adoption of the Roadmap, together with the emissions reduction trajectory and milestones it proposes, will handicap European competitiveness and be of little value. The EU is currently only responsible for 11% of global CO emissions and our actions alone will not curb the warming process. I agree with the provision that we urgently need to back the technologies that will win and invest in the processes that use energy and resources much more efficiently. However, we must not forget that China is still 70% dependent upon coal as a source of electricity and there are no guarantees that the objectives of its current five-year plan, which gives priority to low-carbon ‘green’ investments, will be achieved, even though these investments are on a scale that dwarfs those of Europe. I am convinced that there are genuine grounds to believe that there is a threat of ‘carbon leakage’, of business moving out of Europe to avoid higher costs resulting from the measures being taken to reduce CO emissions. Such developments would not be good for Europe’s economy and would do nothing to reduce greenhouse gas emissions globally. If such instances could be proven measures should be taken to protect or compensate the industries concerned. I therefore believe that measures must be adequate and logical."@en1

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