Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-07-09-Speech-4-588-625"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2015-07-09"^^xsd:date2
dcterms:Is Part Of	lp_eu:Market stability reserve for the Union greenhouse gas emission trading scheme (A8-0029/2015 - Ivo Belet)2
dcterms:Language	"en"^^xsd:language2
lpv:document identification number	"en.20150709.32.4-588-625"2
lpv:hasSubsequent	lp_eu:2015-07-09-Speech-4-588-7502
lpv:speaker	lp:Marian Harkin2
lpv:spoken text	"I voted in favour of the report for the establishment of a Market Stability Reserve (MSR) for the EU greenhouse gas emission trading system. The setting up of the Market Stability Reserve in the EU emissions trading system will help put the EU’s climate policies back on track. It is needed to address the surplus of emission allowances that have built up over the years, and which will remain in the system for decades unless we take steps to correct this. The MSR will act as an objective mechanism which will be triggered if a surplus of more than 833 million allowances is reached and 12% of the allowances (100 million) will then be set aside. Conversely, if the liquidity on the market falls below 400 million allowances, 100 million allowances will be released from the reserve into the market. Parliament calls for a much earlier establishment and operation of the MSR by 2019 compared to the Commission’s 2021, and I think this is the right approach."@en1
lpv:spokenAs	member; EMPL (2014-07-01--2017-01-18)3 substitute; Special Committee on Tax Rulings and Other Measures Similar in Nature or Effect (2015-02-12--2015-11-30)3 substitute; Delegation for relations with Australia and New Zealand (2014-07-14--2015-09-01)3 substitute; PETI (2014-07-01--2017-01-18)3 substitute; ECON (2014-07-01--2017-01-18)3
lpv:unclassifiedMetadata	"Marian Harkin (ALDE ),"1 "in writing. ‒"1

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