Local view for "http://purl.org/linkedpolitics/eu/plenary/2013-12-10-Speech-2-527-875"

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"en.20131210.66.2-527-875"2
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"I voted in favour of this report which is aimed at tackling the oversupply of emissions allowances in the EUʼs emissions trading scheme by postponing the auctioning of 900 million allowances. We now need to move on to truly tackling the problems with the emissions trading scheme. ‘Backloadingʼ is only a stop-gap measure to buy time for more fundamental structural reform of the scheme and is unlikely to have any major impact on the artificially low carbon price. The Commission must now move urgently to propose more structural reforms to the EU carbon market. This implies permanently retiring allowances and increasing the outdated 2020 EU emissions reduction target. This is an issue which the Wales Climate Change Commission has addressed in some detail."@en1
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