Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-20-Speech-2-534-000"
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"en.20121120.31.2-534-000"2
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"Mr President, Commissioner, nobody has mentioned this yet, but something important happened on Sunday when the World Bank published its report and announced that the Earth will be more than four degrees warmer by 2060.
Given that it is the World Bank saying this, I think it is safe to say that the situation is very serious. It means in practical terms that if we want to prevent this from occurring, we need to go from 35 billion cubic metres of CO
in 2050 to 10 billion. This requires very strict measures, not simply just to lower our emissions but to actually reduce them by a third or a half. This means that when we are dealing with this European and global issue today, we cannot simply chase after easily available energy sources if we want to avoid the effects of global warming.
I say this because today everybody knows that methane has an effect on global warming 30 times greater than that of CO
and between 4 to 8 % of methane escapes between the wells and the pipes when extracting shale gas. This applies to all forms of methane, obviously. It is therefore a key issue.
Finally, to give an example showing the need for European regulation, I went to visit a shale gas well near Wrocław in Poland operated by Halliburton. There was nothing to capture the water. Fracking had occurred and the water had just been released into the environment. That is why we need proper legislation and a moratorium while it goes through."@en1
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"2"1
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