Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-10-10-Speech-4-009"

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"en.20021010.1.4-009"2
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". Mr President, first of all, I should like to thank the rapporteur, Mr Moreira da Silva, the other draftsmen of opinions and the shadow rapporteurs for the pleasant working relationship that produced the proposal that is now before us. I should note in this respect that it became abundantly clear during the process that the proposal on emissions trading is controversial. Consequently, differences of opinion among the supporters and opponents of the scheme resulted in an overwhelming number of amendments. As draftsman of the opinion of the Committee on Economic and Monetary Affairs, I call for a uniform and transparent emissions trading scheme, a scheme which clearly describes the rights and duties for the government and industry. It should, however, also do justice to industry's entirely unique dynamic, a dynamic in which continuity and scope for competition are not unnecessarily hampered by new rules. It is therefore gratifying to see that in the final report that is now before us, a number of amendments tabled by the Committee on Economic and Monetary Affairs have been adopted in order to achieve this. I am particularly referring to extending the period of time in Article 11, adapting the penalty clause in Article 16 and the way in which Member States tax the emissions trading scheme in Article 16, Paragraph 4. Clarity about factors that distort the market promotes the effectiveness of a market for emission rights. It is therefore regrettable that the Committee on the Environment, Public Health and Consumer Policy failed to reach agreement on the way rights will be allocated from 2008. It still is of great importance to remain alert with regard to measures that Member States may take in order to intervene in a market for emissions trading by introducing its own schemes and taxes. Resistance to an emissions trading scheme will continue to exist among various parties and will lead to the rules being bypassed. A lack of clarity in the directive should therefore not mean that emissions trading is doomed to fail. The saying ‘the proof of the pudding is in the eating’ therefore very much applies to emissions trading."@en1

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