Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-10-22-Speech-1-173"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2007-10-22"^^xsd:date2
dcterms:Is Part Of	lp_eu:Conventional energy sources and energy technology (debate)2
dcterms:Language	"fi"^^xsd:language2
lpv:document identification number	"en.20071022.17.1-173"2
lpv:hasSubsequent	lp_eu:2007-10-22-Speech-1-1742
lpv:speaker	lp:Esko Seppänen2
lpv:spokenAs	substitute; CONT (2007-01-31--2009-07-13)3 vice-chair; Delegation to the EU-Russia Parliamentary Cooperation Committee (2004-09-21--2009-07-13)3 unknown; Vasemmistoliitto (2004-07-20--2009-07-13)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2004-09-15--2009-07-13)3 member_of_the_bureau; EUL/NGL (2004-07-20--2009-07-13)3 substitute; ITRE (2007-01-31--2009-07-13)3 member; BUDG (2007-01-31--2009-07-13)3
lpv:translated text	". Mr President, Commissioner, crude oil is more expensive than ever. This also has an effect on the price of other fossil fuels. The cost of all forms of energy is rising, as four fifths of the EU’s entire energy consumption is fossil fuel-based. People are not prepared to reduce consumption, so there is a need for new technologies, greater energy efficiency, carbon capture and storage (CCS) and new nuclear technology, including research into nuclear fusion. After the vote in the Committee’s report, the hopes and dreams for the main alternatives are linked to CCS technology and nuclear power. There are no guarantees, however, that liquefied carbon dioxide can be stored safely in perpetuity. There are no signs that there might be investment in the hydrogen economy within the context of the transport infrastructure, let alone the use of electric cars running on carbon dioxide-free electricity, as is called for in the report. It will probably take half a century to tame nuclear fusion. All in all, the Commission’s proposal that by 2020 20% of the energy consumed in the EU should be produced with renewable fuels is just not credible. That will not be possible, at least not with renewable fuels produced in the EU’s own territory or in the EU’s big Member States. The report under discussion presents far too optimistic a view because it suggests that fossil fuels will continue to be used, without any real alternatives and with no restraints at all. They will only stop being used if something forces the situation. We will be forced into this if natural resources run out before 2020, but it will not happen as a result of any systematic effort on the part of the EU Member States or an EU declaration. In fact, it will take not only volition, fine words and pious hopes, but also genuine action which challenges our present lifestyle. Furthermore, the pricing system for electricity, where wholesale prices for electric power are determined by the power exchanges, should be rethought. The price is always set by electricity produced at the most expensive production costs as well as that produced based on the most expensive allowances. This is the price which all the producers get. Unfortunately, there are no guarantees that companies will spend the excessive profits they make this way on research into energy, as it is in the spirit of the times we live in that they distribute their profits in the form of dividends to their shareholders. Emission allowance trading is also a way to increase the profits of the electricity companies rather than reduce emissions."@en1

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