Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-15-Speech-4-169-000"

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"en.20120315.19.4-169-000"2
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"Mr President, with reference to the Commission communication and the report by Mr Davies on the transition to a low-emission economy by 2050, I would like to emphasise two things. First of all it is essential to have a clear idea of the costs of raising reduction targets. Secondly, the proposal to reduce the number of permits introduces uncertainty into the business sector. The document states that industry needs clear signals in order to make investments, but the same document proposes a change to agreements made just two to three years ago concerning the number of CO emission permits. It was on the basis of those agreements that companies planned their investments for the period to 2020. Can such a measure be called regulatory certainty and does it provide a clear picture of the European low-emissions strategy? Not all Union agreements from 2008 have come into force and we do not yet know the effects of the package agreed, so I think that it is premature to be setting new targets for reducing carbon dioxide emissions. For this reason I voted against this document."@en1
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