Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-09-11-Speech-2-308-500"

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"en.20120911.32.2-308-500"2
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"Energy efficiency is important, not least because our citizens are facing rising power bills. I supported this report because ultimately, it was balanced and did not introduce burdensome requirements on business which would have driven companies out of the EU and cost jobs. We need incentives to encourage more energy efficiency, not draconian penalties. This is why I am aghast at the Commission’s decision to threaten the UK with legal action in the European Court of Justice (ECJ) over reduced VAT on energy saving materials. VAT was reduced to 5% on energy efficiency products in the UK in order to tackle fuel poverty and reduce carbon emissions. This is exactly the kind of spur we need to encourage the installation of energy efficiency measures such as double-glazing or loft insulation. The Commission’s challenge is not only muddle-headed, but also mistaken: the reduced VAT rate is beyond the scope of the EU’s VAT Directive. If the EU really wishes to embrace energy efficiency, it should – rather than penalise Britain – encourage other Member States to introduce similar schemes."@en1
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