Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-04-10-Speech-4-047"

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"Mr President, firstly I would like to point out that some colleagues and I originally tabled a number of amendments to this dossier specifically addressing key issues such as the effect of climate change on biodiversity and the havoc it is already wreaking in the developing world, both of which are issues which must be dealt with without further hesitation. The EU’s credibility on climate change policies and our claims of being at the heart of any international agreement on emissions trading post-2012 will depend on our political willingness to put our money where our collective mouth is when it comes to earmarking the revenues from the auctioning of emission allowances, and this could be up to EUR 40 billion per annum. Generous funding for technology transfer, adaptation and mitigation measures and others will be a measure of our acceptance of our historic responsibility towards third countries, those most likely to bear the brunt of climate change, including adverse weather, desertification, coastal flooding and serious water shortages. On this point, the legislation on the EU Emissions Trading Scheme, for which I am rapporteur, must include some political direction on auction revenues, which will test the European Council’s commitment, resolve and understanding on the 2°C target and, might I say, its understanding of the serious global impact of climate change, as we strive to create low-carbon economies throughout the EU, as our contribution to a global deal in Copenhagen."@en1
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