Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-09-05-Speech-2-220"
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"en.20060905.24.2-220"2
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".
Mr President, as Greens we are pretty much on the same line as our colleagues. We are at a critical moment: the cheating is over. What France, Poland and Germany have done with over-allocations cannot continue. However, I will use my speaking time to point out another issue, namely that of market distortion.
If you look at the German allocation plan, there is a special clause for RWE, which gets four years of an old power plant allowance. On the other hand, they have completely emptied the new entrants. The German power market is already completely dominated by four companies. The German second allocation plan has a hidden agenda – not to allow gas power plant investment in Germany, because that is exactly what those four big companies are afraid of. Therefore, the Commission’s Directorate-General for Competition has to be fully involved in the review.
You made another point: why do we do this – to put a price on CO2 or in order to have investments in efficient technology? You have to look at the Polish and German allocation plans. What do they do? For a coal power plant investment in Germany, they give 14 years of full allocations. There is no price incentive at all to switch from coal to gas, which was the cheapest option available in Europe to cut down CO2 emissions.
The German and Polish allocation plans are scandalous. They destroy the whole system of incentives. Commissioner, you bear a great responsibility at the moment."@en1
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