Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-03-11-Speech-4-023"
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"en.20100311.2.4-023"2
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"Madam President, I welcome the initiative to talk about investment in low-carbon technology but more specifically about energy-saving and providing more secure and diversified energy supplies. I would like to look in particular at the use of EU funds.
The region I represent already has an EU fund of over EUR 250 million for low-carbon economic growth. Whilst its ambitions are worthy, the performance of this fund in actually making meaningful investments has fallen well below expectations.
The East of England, including Cambridge University, is also home to leading research facilities, and over 250 contracts have been signed in my region for Framework 7 grants. I have seen some excellent innovative research, but there are great questions about complexity, especially for SMEs, bureaucracy, and inflexibility when adapting to developments and science. In some cases there are appalling stories of late payments by the EU itself.
When considering how taxpayers’ money is invested in the future, we should look at the lessons of what has already happened and make sure we spend it better in the future."@en1
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