Local view for "http://purl.org/linkedpolitics/eu/plenary/2010-11-24-Speech-3-357"
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"en.20101124.20.3-357"2
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"Mr President, the European Union had a role in the failure of Copenhagen and in halting progress in international negotiations. It is not enough to declare that one is ambitious, setting targets for other developed countries, even if these fall short of the recommendations made by the Intergovernmental Panel on Climate Change, if there is no focus on the means by which this can be done. The means to achieve these targets matter more than the targets that have been the focus of this discussion, and this is a central issue.
The European Union is insisting on a market approach, using market instruments which have proven to be two things to date: ineffective and perverse. This is manna for financial speculators: it is no longer just food, no longer just the sovereign debt of states, but also the very atmosphere, the air that we breathe, that is going to serve a new billionaire scheme for generating fictitious financial assets.
Commissioner, we can trace the causes of climate change back to the irrationality of this economic and social system. We will find the solution by breaking with this system."@en1
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