Vote on "backloading" in emissions trading : - extracts from the vote - statement by Matthias GROOTE (S&D, DE), rapporteur EP Committee on the Environment, Public Health and Food Safety.

Type: News   Reference: 93959   Duration: 00:04:01  Lieu: European Parliament, Brussels
End production: 19/06/2013   First transmission: 19/06/2013
The Environment Committee held today a second vote on a proposal to delay the auction of a number of emissions permits. MEPs are seeking to balance concerns on market intervention while securing adequate and sustainable incentives to green investment. Rapporteur Matthias GROOTE said today's vote was a first step in the right direction and he hopes that the Parliament's Plenary in July will confirm this step.

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TIME DESCRIPTION DURATION
00:00:00 TITLE 00:00:00
00:00:00 General views of the vote (7 shots) 00:00:05
00:00:05 Exterior view of the European Parliament 00:00:05
00:00:10 General view of the room 00:00:07
00:00:17 Chairman and rapporteur Matthias GROOTE asking MEPs to proceed to the vote on the Amdendment of Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances 00:00:53
00:01:10 Matthias GROOTE leaving the meeting room (2 shots) 00:00:10
00:01:20 SOUNDBITE Matthias GROOTE (S&D, DE), in ENGLISH: We had a compromise between EPP, S&D and the liberal group and the difference that we had exactly 4 months ago the vote in the Environment Committee and the difference is that now also 900 certificates but 600 certificates are gone into a kind of fund, and with these fund we will promote renewable energies, new grid connections but also energy incentive companies who started with innovative projects, and there's the NER 300 mechanism which is a tool from the Commission and the European Investment Bank so we want to promote a new economy, a low carbon economy and it was a first step and for backloading I must say that backloading is only the first step in structural reforms to buying time to discuss it really in a broad way. The next month we will have a debate with the iIndustry Committee and with the Environment Committee about the 2030 goals, we have a joint competence report here, so backloading it's only the first step. 00:01:20
00:02:40 SOUNDBITE Matthias GROOTE (S&D, DE), in ENGLISH: It was a clear majority now in the Environment Committee, we need a majority in the plenary in July and I will promote it, I will discuss with colleagues who are not sure what to vote but with the new proposal we have now on the table where all major groups are behind I guess there is an opportunity. 00:00:27
00:03:07 SOUNDBITE Matthias GROOTE (S&D, DE), in ENGLISH: It's important for the functioning of the market that we have a base price, we have the carbon market report from the Commission on the table, we adopted today that we start a resolution and we need structural reforms, that means that perhaps the UK introduced the carbon floor price and I must say I find it very sympatic what happened in the UK, perhaps we also have to discuss how we can create the emissions trading system or transfer it to a dynamic system because if economy is going up or down then we have a problem in the emissions trading system, so it's a learning by doing process and we are at the begining and it's only a first step we made today. 00:00:54
00:04:01 END 00:00:00
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