Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-04-24-Speech-4-028"
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"en.20080424.5.4-028"2
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"We ought to come up with a combination of solutions, a general model and principles. The report makes this clear in an excellent way. To protect the environment is cheaper than to rehabilitate it, but the failure to use fair market tools means to provide hidden subsidies to polluters. The green toolbox needs flexibility if we are to have certainty and make sure we do not default on other indicators and increase the burden for citizens. Trade instruments need to be combined with promoting investment in new technology, with offsetting instruments for overcoming deficits.
Individual countries do matter. Bulgaria, for example, will be facing problems in the future. The closing down of certain parts of the nuclear power plant in Kozloduy lead to an increase in generation at thermal power plants, electricity prices went up. This increases emissions, yet the low GHG allowances work like penalties and consumers are paying the increased price. Unless carbon dioxide allowance are reallocated and in the absence of sufficient compensation to off-set the decommissioned power units, the application of the other trade instruments will bring about more problems. Environmental economics has its social dimensions and we should not wait until 2010 or 2013 before we act."@en1
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