Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-10-20-Speech-2-042"
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"en.20091020.5.2-042"2
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"Mr President, the approach to the problem of climate change has been stripped of certain essential aspects and, above all, skewed by so-called ‘market solutions’. At present, fossil fuels provide for almost 85% of the world’s energy needs. A consistent approach to climate change should focus on reducing this dependence. Instead, the main tool proposed by the European Union to tackle climate change, carbon trading, will not only fail to help alleviate this dependency; it will itself prove an obstacle to the necessary change in energy paradigm.
Experience tells us that trading in emission allowances has not led to a reduction in the emission of greenhouse gases; quite the contrary. Various examples belie the ability of the market to control emissions, while others demonstrate the effectiveness of normative regulation and targeted investment, particularly in relation to impacts and safeguarding the environment.
The environmental problems that humanity faces today are many and diverse, and are serious enough to threaten the existence of life on earth as we know it, but they are unlikely to find a solution within the irrational system that caused them in the first place."@en1
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