Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-29-Speech-4-076-000"

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"Madam President, I should like to thank Mr Pirillo for raising this very important issue. The use of binding commitments will require proper measures in order to implement them and to shift our industry to a green and sustainable path. However, we will also have to carefully consider the possible negative impacts on certain industry sectors which are dependent on higher consumption of electricity and which, without certain compensatory mechanisms, risk losing their competitiveness both inside and outside the EU. China, for example, has the fastest-growing steel sector in the world and the EU has become its biggest export market. I believe that the Commission has to carefully and responsibly address those issues in the upcoming State aid guidelines and to find a sound compromise between the EU’s commitments and the viability and competitiveness of our industry sector, which are inseparable from the overall growth and prosperity of the EU."@en1
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