Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-16-Speech-2-398"

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"en.20081216.38.2-398"2
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"Mr President, on behalf of the Committee on Industry, Research and Energy, I welcome the compromise that has been reached, which lays the foundations for the development of technologies to capture and store CO while also defining a new regulatory framework that is going to establish the legal conditions for the permanent and safe storage of CO underground. We are in the realm of experimentation. We therefore need to give ourselves every chance to experiment with this technology and demonstrate how reliable it is. We have succeeded in providing the financial resources that were needed for the construction of 12 demonstration projects across Europe. I therefore welcome the agreement on the 300 million emission allowances that have been obtained and I would like to take this opportunity to congratulate the two rapporteurs, Mr Davies and Mrs Doyle. The good coordination established between them made it possible for that result to be achieved. If carbon capture and storage technology becomes commercially viable, it could also be proposed to third countries, such as China, India and so on, and this technology should also enable the European Union to play a leading role at global level in the wide range of clean, efficient and low carbon emission technologies. Once we have covered the necessary ground in terms of experimental research, we will be able to make this technology compulsory for a number of power stations."@en1
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