Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-04-19-Speech-4-366-593"
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"en.20120419.15.4-366-593"2
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Despite being a consultation legislative procedure, the amendment of the directive on the taxation of energy products and electricity has proven to be an extremely sensitive issue. A number of critically important points came out of the debate in the Committee on Economic and Monetary Affairs. The main bone of contention was the concept of ‘tax proportionality’, which was added to the directive by the Commission. The tax provides for the same minimum, mandatory rate on energy products in all Member States, which in turn will tax the various products proportionally, depending on their energy content and CO
emission factor. Setting proportionally equal rates for all products would, however, curtail national sovereignty and restrict Member States’ room for manoeuvre, with negative repercussions on the energy sector that each country specialises in, inflationary risks, and detrimental effects for businesses and consumers. Luckily, during the vote in the sitting, the Group of the European People’s Party (Christian Democrats) managed to get rid of ‘proportionality’ through a specific amendment, which I also voted for. Now it is the turn of the Council, which will in any case have to take Parliament’s position into account."@en1
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