Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-09-15-Speech-2-262"
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"en.20090915.19.2-262"2
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"−
Mr President, in answer to Mr Kelly’s question, greenhouse gas emissions trading is expected to generate a lot of money for the Member States’ treasuries and measures which governments can take include using some of this money to support people on low wages or people who are ‘fuel poor’'. There is therefore a way and the money is there, apart from anything else, to reply to Mr Kelly's question.
The new Directive on renewable energy sources requires the Member States to provide support and to introduce reforms at administrative level and to infrastructures, so as to facilitate the development of renewable energy sources. Every Member State has undertaken to achieve certain targets by 2020 and must submit a national action plan by June next year on renewable energy, analysing how the targets will be achieved.
As far as the review of the Directive on the energy performance of buildings is concerned, the Commission has also undertaken to provide even more Community financing and to propose new financing to support the implementation of this directive. The Commission is already providing direct funding for various projects relating to energy efficiency and renewable sources of energy, such as:
a series of research and development endeavours based on the research and technological development framework programme;
EUR 727 million for the period 2007-2013 under the programme entitled ‘Intelligent Energy – Europe’, to help remove obstacles to the development of renewable sources of energy, improve the business environment and raise public awareness;
over EUR 500 million for projects relating to offshore wind farms under the European economic recovery programme, to give impetus to private investment in this particular sector, and
the initiative to finance sustainable energy, which is being managed jointly by the Commission and the European Investment Bank, has a budget of EUR 15 million for 2009 and is designed to mobilise funds from the capital markets and the Marguerite Fund, the European Fund for Energy, Climate Change and Infrastructure, which is being managed by the European Investment Bank.
The Commission is also encouraging the Member States to use a large part of the money available from EU cohesion policy funds to support projects relating to energy efficiency and renewable sources of energy."@en1
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