Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-15-Speech-4-234-812"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-03-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"de"^^xsd:language2
lpv:document identification number	"en.20120315.19.4-234-812"2
lpv:hasSubsequent	lp_eu:2012-03-15-Speech-4-234-8752
lpv:speaker	lp:Franz Obermayr2
lpv:spokenAs	member; Delegation for relations with the Mashreq countries (2012-02-13--2014-06-30)3 substitute; EMPL (2012-01-19--2014-06-30)3 member; IMCO (2012-01-19--2014-06-30)3 substitute; Delegation to the EU-Kazakhstan, EU-Kyrgyzstan and EU-Uzbekistan Parliamentary Cooperation Committees, and for relations with Tajikistan, Turkmenistan and Mongolia (2009-09-16--2014-06-30)3 unknown; Freiheitliche Partei Österreichs (2009-07-14--2014-06-30)3 member; NA (2009-07-14--2014-06-30)3
lpv:translated text	". In principle, trading in emissions certificates means first of all setting upper limits for greenhouse gases. Certificates are then issued in line with these upper limits that entitle the bearer to produce a particular amount of gas. Countries whose emissions are below the upper limit can sell on their surplus rights. On the other hand, countries that produce greenhouse gases in excess of the upper limit can purchase these emissions rights. Because the certificates can be traded in the open market, the price is determined by supply and demand. Trade in emissions certificates presents a number of problems: the market is not transparent and speculators manipulate prices on the trading platforms. In addition, supposed environmental projects in emerging countries are supported, although the effect of these projects on climate change is systematically over-estimated and many of them are actually counterproductive. Finally, I do not believe that busy trade in emissions encourages investment in low-carbon technologies. However this would be urgently necessary in order to reduce the greenhouse effect. For that reason, I voted against this report."@en1

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