6 Amendments of Bas EICKHOUT related to 2019/2211(INI)
Amendment 2 #
Draft opinion
Paragraph 2
Paragraph 2
2. Welcomes the fact that the Communication makes the European Green Deal the engine of the economic strategy of the EU in order to put the Union on the right path to carbon neutralityReiterates its call for the transformative agenda of the European Green Deal to be reflected in a greener European Semester; urges the Commission to ensure, through binding measures, that all Member States’ socio- economic, macroeconomic and fiscal policies contribute and are fully consistent with the objectives and targets of the European Green Deal, and that climate, environmental and social objectives and targets are treated as equally important and binding as debt and deficit targets in the assessment of Member States’ budgets;
Amendment 9 #
Draft opinion
Paragraph 3
Paragraph 3
3. Welcomes the fact that the Annual Sustainable Growth Strategy 2020 report refocus the European Semester process to put sustainability and the well-being of citizens at the center of economic policy, in particular with the new section created in the 2020 reports focusing on sustainability; welcomes the recognition of the Commission that economic growth is not an end in itself and that the economy must work for the people and the planet.
Amendment 19 #
Draft opinion
Paragraph 5
Paragraph 5
5. Calls on the European Commission to extend the European semester by completing the current approach based on fiscal and budgetary discipline with climate and environmental discipline without weakening the currenso as to ensure that EU economic governance improcvess the well-being of all within planetary boundaries ; calls therefore on the European Commission to develop a new climate indicator, mirroring the economic indicators and assessing the discrepancy between Member States budget and a Paris aligned scenario of their national budget, as well as additional environmental and social indicators assessing Member States’ contribution to the objectives of the European Green Deal; stresses the need for this climate indicator to provide Member States with an indication on their trajectory of temperature under the framework of the Paris Agreement, thus enabling the extended European Semester to provide recommendations about the decrease of the climate debt and Member States’ ecological footprint;
Amendment 26 #
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5 a. Underlines that a substantial part of the investments needed to meet the ambitions outlined in the European Green Deal will have to come from public national and sub-national budgets; urges therefore the Commission to revise the EU fiscal rules with a view to removing barriers to public sustainable investments and allow the EU to fully seize the opportunity presented by low or even negative interest rates, to substantially increase green investment including by spreading the amount of the investment expenditure over the lifetime of the gross capital formation for public sustainable investments compliant with the requirements under the Taxonomy Regulation;
Amendment 28 #
Draft opinion
Paragraph 5 b (new)
Paragraph 5 b (new)
5 b. Insists equally that coherence requires a revision of state aid rules (in particular the General Block Exemption Regulation, the Guidelines on State aid for environmental protection and energy, as well as the ETS State Aid Guidelines) to be fully consistent with GHG reduction and environmental objectives, in particular the need to phase out direct and indirect fossil fuel subsidies by 2020, including disguised aid granted to fossil fuels such as closure aid for coal mines and compensation for stranded assets or airport expansions;
Amendment 30 #
Draft opinion
Paragraph 5 c (new)
Paragraph 5 c (new)
5 c. Strongly agrees with the Commission that taxes and subsidies should support the transition to a green economy; calls on the Commission to issue ambitious country specific recommendations to promote national tax reforms and a swift phase out of fossil fuel subsidies to support the transition to a green economy;