Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-15-Speech-4-227-000"

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"en.20120315.19.4-227-000"2
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". Investment levels must be increased very significantly if Europe is to secure its industrial future. The energy sector in particular demands the greatest possible level of clarity and certainty. Endorsement of the European Commission’s Roadmap for moving to a competitive low-carbon economy in 2050 as the basis for policy-making will help to provide this. It will create the framework for new legislative acts and other measures that will shape the form of investment. To combat global warming, CO emissions must be reduced on a worldwide basis. The latest signs are not encouraging: emissions increased by 6% during 2010. CO is accumulating in the atmosphere at an accelerating rate. The EU is currently responsible for just 11% of global CO emissions, and our actions alone will not curb the warming process. It can be expected that investing in the development of a low-carbon economy will not weaken Europe’s competitive position, but strengthen it. In my opinion, Europe must develop a sense of urgency, or risk losing the race to maintain a competitive economy. Decisive action is essential if the EU is not to get left behind. Adoption of the Roadmap, and the setting of ambitious goals for the development of a low-carbon economy, provide an opportunity to stimulate progress."@en1

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