Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-13-Speech-2-332-500"

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"en.20110913.34.2-332-500"2
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"The Fuel Cells and Hydrogen Joint Undertaking was created by Council Regulation (EC) No 521/2008, of 30 May 2008. Its three members – the Industry Grouping, the Research Grouping and the European Commission cover the cost of administrative and operational expenditure between them. Low funding rates, and the financial and economic crisis, which is affecting the industry working with this future technology, are resulting in the current level of participation in the actions of the joint undertaking being below initial expectations. The purpose of the European Commission’s proposal is to adapt the provisions of the regulation to these conditions, so as to prevent a general loss of interest by both industry and the scientific community. The new text establishes that, rather than just the contribution of industry itself, those of other legal entities participating in this activity may be taken into account when matching the level of funding that the EU makes available. Fuel cells and hydrogen are energy options with long-term promise that can be used in all sectors of the economy, and that offer benefits to security and energy efficiency, to transport, and to the environment. I therefore voted for this report."@en1

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