Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-05-17-Speech-1-122"

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"The Energy Performance of Buildings Directive will have a direct influence on the new types of investment made in the construction sector. Investment in new technologies, which will be aimed at cutting energy consumption, will have a significant impact on the national and regional labour market and improve the European Union’s energy security. Financial instruments are required. Europe’s citizens cannot bear the costs alone for modernising energy systems. The maximum amount of resources which can be allocated for this from the European Regional Development Fund is not sufficient and must be increased to the highest possible level. The Commission must provide additional support by setting up the Energy Efficiency Fund by 2014, which could be cofinanced by the European Union, the European Investment Bank and Member States. I encourage the European Commission to continue with the development of the Smart Cities Initiative and to examine the current mechanisms being used in Member States to spread best practice in the European Union and the exchange of knowledge and technical assistance in order to generate new financial resources for improving energy efficiency in housing."@en1
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