Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-07-05-Speech-4-031-000"

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"Mr President, even though the crisis overshadows the present time, the Rio+20 Summit managed to ignore it completely. Worse than this, the solutions emerging from Rio aim to overcome the environmental crisis by monetising the environment, through more carbon trading, free emissions bonuses and now also green property assets. Commissioner Potočnik spoke here optimistically about the inclusive green economy. How is this possible, though, when this transition would require an investment of 2% of global GDP in 10 key sectors and we know that the United Nations Environment Programme proposes acquiring these resources from the financial sector? It is a recipe for disaster! The proposed response to the environmental crisis caused by the greed of the market, which transforms resources into profit for the few and shortages for the many, is more market. Public policies are replaced by speculative mechanisms, and the common interest by private benefit. There will be no climatic, environmental and social solution without attacking the root of the problem: this economic system that condemns millions to poverty and ravages the planet. Having destroyed the global economy, big money is now being handed the planet. You do not put out a fire with petrol and you do not save the planet by selling it off bit by bit."@en1
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