Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-11-Speech-2-053-000"

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"Mr President, last night, when I was writing this speech, we had a power cut. It saved a lot of energy but my productivity went to zero – and this sort of sums up the energy efficiency debate: we need to have stable energy (no power cuts) and to use less energy because we cannot afford our ever increasing fuel bills, but we need to do this without reducing productivity and helping growth at the same time. I support the ambition of energy savings, and I know that we need to do this without also forcing companies to simply relocate outside the EU. I have also fought for Member States to have the flexibility to introduce savings schemes which suit their own local markets. We also need to be aware that there is no bottomless bank account and to make sure we take cost-effective measures first. The Commission has said that it supports energy savings, but now another part of the Commission has announced that the UK cannot keep its low VAT levels for energy efficiency installations. So it is fine to give tax incentives to fuel wasters but not to fuel savers. That is ridiculous. I agree with this directive – we have got it in the right place – but let us now turn our energy to fighting this crazy tax decision."@en1
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