Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-16-Speech-2-362"
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"en.20081216.36.2-362"2
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"Madam President, I should like to make a few quick points.
The environmental integrity of the excellent original proposal stands up, especially in a minus 30% scenario. There will be no point us going to Copenhagen with our legislation unless it is accompanied by serious funds next December – over to you, Commission.
The CCS agreement on 300 million allowances is possibly transformational in this whole debate on carbon dioxide reductions if the technology is proven through the 12 plants in question.
The agreement we have on the table now gives the EU a clear mandate to negotiate with third countries in the run-up to next year’s agreement. We cannot afford to fail, as the finger of history will indict us for reneging on our responsibility as a generation of political leaders who knew the problem, who knew the peer-reviewed science, but failed to act.
For some my final report goes too far; for others it does not go far enough. But even with benchmark-free allowances, the reduction in targets will not be easy for industry. Let us not make the best the enemy of the good. This, considering all, is a good result. It is the best in the world, after all, as it is the only ETS in the world to date. I invite the US and Australia to do better and to embarrass us in the EU into upping our game in Copenhagen next year."@en1
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