Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-07-Speech-1-028-000"
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"en.20110307.17.1-028-000"2
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"Mr President, achieving European objectives for sustainable development, security of energy supply and climate change requires a substantial financial commitment, particularly in terms of innovation and research, as well as new ways to supplement existing funding. The Commission must consider in this regard the feasibility of introducing a carbon tax, similar to VAT, to be applied to any product on the internal market. It is very important, however, to eliminate the possibility of charging these costs to consumers and to analyse risks to the competitiveness of Europe’s industries on the single market.
The efficiency of the utilisation of structural funds and European Investment Bank funds must be improved, and so must the coordination of EU funds, national funds and other forms of support that can act as a leverage to stimulate investment in energy efficiency. Adequate investments in energy supply and energy efficiency reduce dependence on market volatility and positively impact on the EU economy.
The Commission should carry out, as soon as possible, an impact study on the taxation of financial transactions at EU and global level in order to examine the effect and economic benefits they produce by reducing the volume of speculative financial transactions that are currently causing serious market disturbances. The study should analyse whether taxation of the financial sector in the EU can, indeed, be a source of the Union’s own resources and contain specific proposals on the procedure for introducing the tax."@en1
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