Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-10-23-Speech-2-322"

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"en.20071023.25.2-322"2
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"Climate change is one of the greatest challenges of our time; it hardly needs restating here. It is not a trade issue first and foremost, but there are areas where trade can help. That is why the Commission wants the Doha Round to deliver liberalisation of environmental goods and services and also sees scope for the new generation of free trade agreements to help facilitate sustainable trade. The Commission is aiming to negotiate an ambitious and comprehensive post-2012 climate framework. If we succeed in including all major players, we will have gone some way, the furthest we could, to obtaining a level playing field for EU industry. That also means that the carbon leakage – the displacement of pollution from one place to another – that might otherwise flow from a failure to reach agreement will be avoided. Our aim is to include all major polluters in a proportionate way and not to frighten away partners from the negotiating table in Bali, and later on, by preparing trade measures for imports at this stage. We should rather address the free rider issue when, and only if, it actually arises. A well-designed trade policy can help the world deal with climate change by generating the wealth needed to pay for the mitigation and adaptation measures required. Investment in trade, in both low-carbon goods and services, can carry skills and climate-friendly technology throughout the global economy, helping to address climate change at global level and in the most cost-efficient manner. Throwing that away would be doing a disservice to climate change policy. It should not be forgotten that our approach to climate change policy has helped put European industry at the forefront when it comes to environmental low-carbon technology. The EU has a considerable first-mover advantage as a result. The Stern report made clear that combating climate change makes economic sense, in addition to the numerous societal benefits, because the costs involved are lower than the costs of inaction. Trade policy can support climate change objectives by minimising those costs and generating part of the finance required and by fostering regulatory frameworks that support investment and trade in low-carbon goods, services and technology."@en1
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