Local view for "http://purl.org/linkedpolitics/eu/plenary/2002-10-10-Speech-4-038"
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"en.20021010.1.4-038"2
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"Mr President, this is a report that is certainly of great importance. It only remains to be seen whether it will have a negative or positive impact on real life. Then it will be a question of real companies and real people’s jobs, real families’ livelihoods and genuine climatic change. It is an experiment, in which the EU cannot afford to fail.
In principle I eagerly support emissions trading, but it has to be said that this proposal is worryingly incomplete. The Commission proposal, among other things, failed to answer the following questions. Firstly, there is the competitiveness of companies that implemented environmental action in the early stages, taking special account of the limits for individual countries as a result of burden sharing. Then there are the competition-distorting factors of burden sharing among the Member States generally, the relationship between emissions trading and the fiscal interests of individual states, and that between emissions trading and the free energy market. Then, too, there are the issues of the massive transfers of income arising from cooperative action between different operators and states, enlargement, the EU shielding itself from attacks from third country operators or Soros-type speculators, and matters to do with legal protection, and access to justice. The latter the committee fortunately accepted in my proposal.
In addition to the questions that still remain unclear, the proposal seems to confuse the goals and means of achieving them, the national level and that of business, and market instruments and traditional administration based on control. In confusing these it serves its purpose poorly and needlessly puts a burden on the objective itself, which is to reduce emissions, regarding which European operators have until now been unanimous. Uncommonly burdensome levels of bureaucracy accompanying the emissions trading scheme, bureaucracy that Parliament, regrettably, has not been willing to bear the responsibility for breaking down, promise additional difficulties.
I have been especially anxious about the possibility of carbon leakage. Without my amendment the directive would not distinguish between carbon dioxide emissions that result from the use of coal for energy and its use as part of an industrial process. As a result the position of the European steel industry, which meets excellent global ecological standards, would be in danger of being weakened in the global markets, causing not only economic but also massive ecological harm."@en1
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