Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-15-Speech-4-030-000"
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"en.20120315.6.4-030-000"2
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"Mr President, when we talk about climate change all too often we concentrate on the challenges rather than the opportunities. Cutting greenhouse emissions must go hand in hand with creating green jobs. I welcome this report’s call to increase the EU competitiveness in the low-carbon economy. We must support ventures such as the green enterprise in my constituency of London. Sustainable industry can drive the recovery, deliver energy security and help us meet our climate change targets.
London is also the world centre for carbon finance. Managing emissions is one of the fastest growing sections in the financial service industry. The EU should not interfere with the carbon markets. A readjustment which removes carbon allowances from the EU emissions trading system could be dangerous. It could lead to certain businesses locating outside the EU, which is unacceptable. While promoting green jobs we must also ensure that our existing industry remains competitive."@en1
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