Local view for "http://purl.org/linkedpolitics/eu/plenary/2009-11-24-Speech-2-027"

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"en.20091124.3.2-027"2
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"Mr President, ladies and gentlemen, let us draw a merciful veil over the unbelievable sum of EUR 30 billion per year until 2020 that the EU would be committing itself to paying out to the emerging countries, basically without any security. To us Italians, that is reminiscent of the notorious Italian . Our amendments are concerned with three points. Firstly, we are calling for legally binding and equally ambitious commitments, not just for the other industrialised countries, but also for the emerging economies and, in particular, China, India and Brazil. Secondly, we are asking that any European allocations from which those countries benefit be made conditional on the use of ‘made in the European Union’ technology, so that our businesses can be at least partially repaid for the further onerous emissions reduction commitments that the EU is imposing on them, to be borne entirely at their own cost. Thirdly, we call for action to ensure that the invention of innovative financial mechanisms – such as ETS-based derivatives or debt-for-nature swaps – does not in fact conceal fresh financial speculation similar to the very serious crisis from which we have not yet emerged. For this reason, if our amendments are rejected, our delegation – the Northern League delegation – will vote against this resolution."@en1
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