Local view for "http://purl.org/linkedpolitics/eu/plenary/2005-07-04-Speech-1-146"
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"en.20050704.19.1-146"2
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".
Mr President, the newspapers today are full, once again, of stories about the need to reduce burdensome regulation upon industry, but there is at least one sector that not only welcomes new regulations, but thrives upon them: environmental technology is promoted and advanced as a result of regulatory requirements demanding improvements in current performance. Such requirements can bring about changes in investment priorities, ensuring that money is channelled into research and innovation, with great potential for the future. Indeed, if we listen to President Bush, the world will only be spared the consequences of climate change if such investment is stimulated.
In preparing its proposals, the Commission is now committed to making impact assessments, but the environmental industries do not believe that these properly take account of the real stimulus to innovation derived from setting high environmental standards. They say that the Commission should look again at its methodology. Its impact assessments need to be adjusted to take full account of the huge economic benefits that this stimulus can give to our economy."@en1
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