Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-10-25-Speech-3-380"

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"en.20061025.27.3-380"2
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"Mr President, as we prepare for the next conference on climate change in Nairobi, what is most urgently needed is honesty. It is true that we are proud of the progress we have made so far, but what is the outcome in terms of overall emission reductions? The world needs efficient climate policies that deliver and not unfounded complacency. We all know and agree that we need to move from one-sided EU climate politics to a global front, as only truly global action will lead to efficient emission reductions. Therefore, for the sake of the climate and to really win the battle, let us be honest when analysing the problems arising from the Kyoto Protocol, as well as from the EU ETS preparing for Kyoto. I am afraid that the headlines have already been written: ‘Nairobi was a success and the EU leads the way’. But is this the right way? Understandably for the EU, it is politically important to stand in the front line and to show a good example, encouraging others to follow sooner or later. However, unless the front cannot be widened, the EU efforts will be like taking a few drops out of the ocean or having a haircut to lose weight. What makes this especially challenging is the effect that one-sided efforts have on the markets. In the global markets, this means giving the competitive advantage to the polluter, as the cost of environmental investments and emission rights cannot be included in the prices. The temptation is for the international capital of the global markets to be invested where there are neither emission restrictions nor environmental norms. A pollution shift is not a pollution cut. Interestingly, the last conference on climate change in Montreal was publicly described as a victory. Looking at the results, however, there is not much reason to celebrate. In terms of emission reductions, not a single step forward was taken in Montreal. There is no implication that the mitigation front would be widened. With the Kyoto Protocol, only a quarter of global emissions are controlled. That is not enough."@en1
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