Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-348-250"
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"en.20120419.15.4-348-250"2
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"−
I abstained from voting on this important issue. The proposal presented by the Commission on the taxation of energy products and electricity really is a significant contribution to the realisation of the reduction in greenhouse gas emissions outlined in the Europe 2020 strategy. Under the Commission’s proposal, energy taxes will be divided into tax linked to CO
emissions and tax based on the energy content of products. This means that a single minimum rate of tax for CO
emissions (EUR 20/t CO
) will be set for all sectors not covered by the EU Emissions Trading System (ETS). The sectors in question, notably households, the transport sector, small businesses and agriculture, will thus become subject to a carbon charge. Each energy product will be also taxed according to the amount of energy it produces. Although it is estimated that the introduction of a CO
tax at the rate of EUR 20/t will secure EUR 20 billion in combined tax revenue for the EU countries as of 2020, it is essential to comprehensively assess the impact of this proposal on EU industry and economic growth. In a large number of Member States the adoption of this proposal would lead to a significant increase in the price of diesel, which would have a negative impact on European competitiveness in the technological development of diesel engines and the European automobile industry, which is already facing serious competition from third countries. I believe that it is essential to reconsider and thoroughly assess the consequences of this proposal."@en1
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