Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-07-05-Speech-2-479-000"
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"en.20110705.34.2-479-000"2
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"This report touches a nerve: whilst claiming to be a leader in the fight against climate change, the EU has set targets for cutting greenhouse gas emissions that fall beneath the bottom of the range recommended by the United Nations Intergovernmental Panel on Climate Change (IPCC). This is a fact that the continuous passing of blame to other countries does not hide. If the EU is responsible for a little over 10% of world emissions, as the report says, the truth is that its
emissions are almost double those of China and five times those of India, to mention just the two most often cited examples.
However, the debate about reducing targets is useless if it is dissociated from the resources for achieving these targets. In this respect, it is important to say that essential issues have been cut out of the dominant approach to the climate change problem, and that, in particular, it has been geared towards ‘market solutions’ and the insistence on emissions licence trading.
Various examples belie the virtues of markets controlling emissions. Others demonstrate the effectiveness of legal regulation and targeted investment, particularly in relation to impacts and safeguarding the environment. The same applies to the need to move towards a low-carbon economy."@en1
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