Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-09-05-Speech-2-218"
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"en.20060905.24.2-218"2
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".
Mr President, Commissioner, Mrs Halonen, I am pleased with this debate. I am also pleased to hear that the emission allowance trading system is working well in the eyes of the Commissioner and the Council. Our group has put its heart and soul into bringing this directive about, and that is why it is important that it works well. Nevertheless, I would like to make a few observations and, like Mrs Doyle, I have a number of doubts.
First of all, it is unfortunate that only nine countries have submitted their plans now. It is good to know that the Commission is on the case, but disappointing that only nine countries are ready on time.
Secondly, I think that Member States have been too generous in their recent allocations, and that is why the Directive on emission allowance trading has had too little effect.
Another political problem that particularly catches the eye is the windfall profits which electricity companies have made. Electricity companies have been allocated free allowances, which they managed to sell on to the energy-intensive industry and to consumers too, and that, is of course, hard to stomach at a time when electricity companies are increasing their profits in any case.
Commissioner, I should like to see a full assessment of this directive, and I think that we should also, given this generous allocation and the windfall profits for electricity companies, ask whether it would not be preferable by far to switch to an auction system instead of the grandfathering system we have at the moment."@en1
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