Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-11-28-Speech-3-260"
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"en.20071128.24.3-260"2
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"Madam President, as I take the floor on behalf of the Union for Europe of the Nations Group in this debate on the impact of world trade on climate change, I should like to draw attention to the following matters.
Firstly, as a world leader in efforts to combat climate change, the European Union is calling for a reduction of between 25% and 40% in global greenhouse gas emissions by the year 2020. It should be borne in mind, however, that if the European Union achieves these emission reductions mainly as a result of its own action, with little contribution by other countries, the European Union’s economic development might be threatened.
Secondly, economic entities that are subject to various restrictions in Europe as part of the effort to reduce greenhouse gas emissions can no longer compete with entities operating in countries where no such restrictions apply. Many sectors and types of production have ceased to exist in Europe due to unfair competition from producers in South-West Asia and South America.
Thirdly, following the introduction of restrictions relating to excessive greenhouse gas emissions on the territory of the European Union, we have witnessed the relocation of manufacturing outside Europe, where no such restrictions exist. As a result, many jobs in Europe will be lost forever.
Fourthly, if no agreement on limiting greenhouse gas emissions is reached at global level, and the European Union is determined to move forward on its own, compensatory taxes should be imposed at the Union’s border. This should apply in particular in those sectors in which competition is already seriously affected as manufacturing costs have not taken account of environmental costs. Whenever possible, the so-called climatic dimension of trade exchange must also be taken into account in bilateral trade exchange agreements between the European Union and third countries.
The same arrangements should apply to ventures supported by the European Investment Bank. In the case of support by different types of undertakings, these arrangements should also be implemented by national agencies charged with guaranteeing export credits and direct investment."@en1
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