Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-12-17-Speech-3-168"

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"en.20081217.16.3-168"2
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"The only firm commitment the European Union has made is to reduce its emissions by 20% by 2020, in comparison with 1990. In comparison with today, that means a reduction of around 12%. If we take into account the fact that two thirds of this reduction can be achieved through carbon compensation mechanisms, that is to say by purchasing carbon credits on the international market, the EU has committed to achieving a reduction of only 4% on its territory. That is not enough to move international negotiations forward. I would like to point out another failing of the compromise. No firm commitment has been made to support developing countries in their efforts to reduce their greenhouse gas emissions. The EU has simply made a voluntary commitment to use half of the revenue from the auctioning of rights to pollute for the climate. This revenue is falling due to the many exemptions granted to manufacturers. The compromise stipulates that some of this money could go to supporting developing countries, for European countries that so wish. This is a purely voluntary commitment. It is a very weak commitment for an issue that is nevertheless crucial in international negotiations."@en1

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