Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-09-02-Speech-2-368"
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"en.20080902.30.2-368"2
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"The European Council considered your very important question at its meeting in March this year, when it pointed out that in a highly competitive global context there is a risk of carbon leakage in certain sectors, such as highly energy-intensive industries, which are particularly exposed to international competition. It is a real problem, which needs to be analysed and resolved in a new directive setting up a system of quota exchanges in the Community.
The best way to tackle the question of carbon leakage and ensure that the Community system of exchanging emission quotas remains effective is still by concluding an international agreement, Mrs Doyle. It is clear, however, that we must also be prepared to act if we do not get an international agreement and we are currently discussing the most appropriate measures to keep our industry competitive while also ensuring that the EU plays an exemplary part in combating greenhouse gases.
We believe it is important to do so in a way that will make sure that industries of all kinds have adequate visibility in relation to their investments, especially at a time when the economic climate has worsened and we are facing a slow-down of international growth, with all the signs suggesting that the situation will be the same next year.
In the proposal for a directive, the Commission undertakes, in the light of the outcome of the international negotiations, to submit an analytical report accompanied by appropriate proposals for tackling the problems that may arise from the risks of carbon leakage.
There are two possible options: to adjust the proportion of free quotas and/or to integrate importers of products manufactured by energy-intensive industrial sectors into the Community system, while making sure that system is compatible with the WTO rules. The Presidency of the Council hopes, of course, that the Council and this House will be able to clarify these matters, so as to ensure that Europe has an industrial base that is its own and is competitive and that we know as soon as possible what mechanisms will be applicable, before 2011."@en1
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