Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-17-Speech-3-164"
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"en.20081217.16.3-164"2
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"The European Parliament and the Council, in an effort to improve and extend the greenhouse gas emission allowance trading system and achieve the objective of reducing emissions in the EU by 20% by 2020, propose amending Directive 2003/87/ΕC.
On 17 December 2008, plenary voted in favour of compromise amendments tabled by the shadow rapporteurs of the ΡPΕ-DΕ, PSE, GUE/NGL, ALDE, UEN and Verts/ALE Groups. Although we voted in favour of these amendments, which set higher targets on reductions in greenhouse gas emissions (a measure which was a basic objective of the GUE/NGL Group), we should like to express our opposition to the philosophy of greenhouse gas emission allowance trading. We dare to say that this particular directive achieves nothing other than a slight reduction in greenhouse gas emissions and is a measure which favours developed countries, to the detriment of less developed and developing countries. Finally, the application of certain flexible mechanisms proposed helps monopolies (which are the main parties responsible for climate change) to increase their profitability, instead of radically resolving the problem."@en1
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