Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-15-Speech-4-234-250"
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"en.20120315.19.4-234-250"2
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"Trade in emissions certificates is a dubious environmental policy instrument that aims to reduce pollutant emissions. EU trading in carbon dioxide emissions was introduced in the European Union through legislation in 2005. Emissions trading links the emission of greenhouse gases to the possession of licences: anyone producing greenhouse gases is only permitted to release the volume of pollutants for which they have emission rights. If a lower level of pollutants is released than permitted, then the surplus rights can be sold on to others. On the other hand, those who produce too many greenhouse gases can purchase additional emissions rights. In addition, there are also generous free limits allowed by the state. All of this opens up opportunities for speculation and bypasses the actual purpose of the scheme, namely the reduction of CO
emissions. Busy trading in emissions certificates thus does nothing to encourage investment in the establishment of a low-carbon economy. Because, according to several well-known scientists, it has not been proven that human CO
emissions are the main cause of the greenhouse effect, I have voted against this report."@en1
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