14 Amendments of Rovana PLUMB related to 2011/2095(INI)
Amendment 23 #
Motion for a resolution
Recital C
Recital C
C. whereas industry must have clarity about Europe's low carbon strategy in order to make long-term green investments;
Amendment 46 #
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Takes notes of the high levels of uncertainty generally associated with making long-term GHG projections, particularly with regard to technological and policy developments related to carbon capture and storage (CCS), the scale and nature of global action and other conditions such as the oil price.
Amendment 59 #
Motion for a resolution
Paragraph 2 c (new)
Paragraph 2 c (new)
2c. Calls on the Commission to present cost benefit analysis of meeting the proposed pathway at the Member State level by taking into account national circumstances stemmed from different technological developments and necessary investments (and their social acceptability) and a wider range of possible global conditions.
Amendment 85 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Recognises that the EU Emissions Trading System (ETS) is the principal instrument for reducing industrial emissions and promoting investment in low carbon technologies, but acknowledges that the carbon price is very much lower than was originally envisaged and is failinglikely not to provide the necessary investment stimulus;
Amendment 92 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Notes that the hugelikely surplus of allowances now held by companies, together with anticipated further improvements in energy efficiency, means that there will be no significant recovery in carbon prices unless reforms are made;
Amendment 105 #
Motion for a resolution
Paragraph 6 – point a
Paragraph 6 – point a
(a) recalibrating the ETS before the commencement of the third phase by setting aside allowances so as to restore scarcitya set of complementary measures: setting aside allowances, ensuring access to international credits, using AAU’s in return for green investments which preserve the environmental integrity, so as to enhance the certainty and predictability of the ETS, thus allowing the original objective of providmoting incentives for investments in low carbon technologies and energy efficiency measuresreductions of greenhouse gas emissions in a cost- effective and economically efficient manner to be met, and thereafter proposing a legislative act to enable such allowances to be eliminatedmeasures;
Amendment 113 #
Motion for a resolution
Paragraph 6 – point b
Paragraph 6 – point b
(b) proposing legislation before the end of 2013 to modify from the earliest appropriate datto modify in due time the 1.74% annual linear reduction requirement to a value sufficient to meet the requirements of the 2050 CO2 reduction target;
Amendment 123 #
Motion for a resolution
Paragraph 6 – point c
Paragraph 6 – point c
(c) proposing legislation to implement art. 24a of the EU ETS revised directive and establish from the earliest possible date a reserve price for the auction of allowances taking into account, inter alia, existing provisions of Auctioning Regulation and avoidance of distortions of competition and greater predictability, all of which should reinforce the carbon price signal to achieve abatement of emissions at least cost;
Amendment 186 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Calls on the Commission to ensure that Horizon 2020 prioritises the need to develop low carbon technologies to spur EU competitiveness and green jobs opportunities;
Amendment 213 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Welcomes the production of low carbon strategies by some EU Member States but calls on all to produce them no later than July 2013; insists that the Commission should introin duce legislative proposals to require their preparation if by the end of 2012 all Member States have not made such a commitmenttime;
Amendment 230 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Insists on the need to avoid the risk of massive carbon lock-in; calls on the Commission to propose legislation before the end of 2013 that will give a clear long- term signal to investors by requiring that, from 2015, new sources of electricity generation that emit more than 100g CO2/kWh shall not have a permit to operate for more than ten years unless intended solely as peaking plant with operating time limited to 10% of the total in any one year0,6408 tons CO2 per megawatt hour electricity produced shall not have a permit to operate for more than investment's recovery period;
Amendment 241 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Insists that EU support for the ‘green economy’ should recognise the importance of investment by existing industries used to promote significant reductions in resource use and CO2 emissions and to reach the EU 2020 Strategy targets on green jobs creation;
Amendment 289 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Supports proposals made by the Commission for the Multiannual Financial Framework 2014-2020 to provide dedicated funding to increase investment and promote the development and application of low carbon technologies; endorses the intention to mainstream climate-related funding to 20% of the total MFF and insists that provision must be made for this to be effectively monitored, while taking into account the existing development differences between MSs;
Amendment 292 #
Motion for a resolution
Paragraph 19 b (new)
Paragraph 19 b (new)
19b. Recognises that those Member States where income per capita is still significantly below the Community average will need to make a significant effort to make substantial investments to reduce the carbon intensity for the transition towards a competitive low carbon economy in 2050;