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 Full text 
Tuesday, 26 November 2019 - Strasbourg Revised edition

Preparation of the European Council meeting of 12 and 13 December 2019 (debate)

  Robert Rowland (NI). – Madam President, what I find extraordinary in this whole debate is the absence of economics. What we’ve seen to date were the two EU climate policies of the Renewable Energy Directive and the Emissions Trading Scheme. Both have failed. The Emissions Trading Scheme has put a completely artificial price on carbon that has led to higher energy prices and the closure of things like British Steel in the UK. The Renewable Energy Directive has led to perverse incentives and the creation of a new crony capitalist subsidy—seeking climate industrial complex that rivals anything that the fossil fuel companies have produced. It’s also led to environmental damage that, for example, leads to virgin forest being been felled for things like wood chips, biomass and biodiesel for palm oil.

The hypocrisy and double standards displayed in this Chamber is truly staggering. In addition, not only have we offshored so much CO2 to China, but we are also offshoring so many manufacturing jobs. So I would warn you, the Commission, to be very careful what you wish for.

(The speaker agreed to take a blue-card question under Rule 171(8))

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