Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-07-07-Speech-2-698-000"
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"en.20150707.40.2-698-000"2
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"Madam President, the emissions trading scheme has been for some time now the EU’s flagship policy, but there has been no wind in the sails. I take my hat off to Mr Belet, who has begun the journey of trying to reform what has been a dysfunctional but important policy.
The challenges that we faced in trying to bring about compromise were not easy. The start date alone created a great deal of tension, not only in this Parliament but also in many of our own individual groups. I think the 2019 start is the right start. I am also aware of the challenge again of those unallocated allowances measured in the billions represented. I am pleased, again, that they have been sequestered away because without that happening, quite frankly, this process would not work. I am also aware that the phase 4 of the emissions trading scheme that we must shortly embark upon will again ask very serious questions about the functionality which we must achieve if the emissions trading scheme is to deliver and if in the bygoing we are going to begin to link that scheme with comparable schemes in the rest of the globe. But I am fully aware that if we get this wrong, and if we do put a burden upon many of our larger emitters, then we will have serious challenges. That is why I am pleased again to see that there are conditions affecting carbon leakage. We must get that right too. We do not wish to find ourselves securing significant reductions in our emissions simply by the exclusion and the loss of industry, which is important in so many parts of our Union. All that being said, I think where we are now is in the right place. I believe we are going to make significant progress if we can put on the table the beginning of a functioning emissions trading scheme when it comes to the COP meeting in Paris.
I look forward to the vote tomorrow. I think we should endorse this as an important step forward – but it is just that: the first step forward. We have much further to go yet if we are indeed to embrace the challenges represented by Paris."@en1
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