Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-07-Speech-2-177-937"

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"The Commission’s Action Plan on Global Navigation Satellite Systems shows there is huge demand in a market projected to be worth EUR 230 billion by 2025. However, Europe is failing to compete globally in this field and our current market share of 25% is below what is expected. We must ensure we take the necessary steps to ensure this industry achieves its full potential. The European Geostationary Navigation Overlay Service (EGNOS) is ten times more accurate than GPS and it is predicted that accuracy to 45 centimetres can be achieved in the near future. This system has obvious uses in the fields of air and sea transport and can also be used in road transport. However, we must be mindful of encroaching too much on European citizens as there are obvious personal privacy issues with such technology. Overall, I welcome ENGOS and GNSS as they can make an important contribution to safety and environmental objectives and I believe adequate investment in the related research and development will be essential. But the funding gap must be closed in order to reap the benefits of these projects."@en1
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