Environment committee  I have to admit this is a very big subject, and I'm not an expert on Canada, so I'll talk from the European perspective--and also as somebody who wasn't there from the launch of the EU ETS, in the job sense. The major lesson for us is simplicity. The EU ETS is a relatively simpl

Environment committee  From the European Commission perspective, all legislation that we adopt is associated with impact assessment. The extent of impact assessment depends on the nature of the provisions in that bill.

Environment committee  It would have to before it goes ahead.

Environment committee  An impact assessment that looks at the net economic cost of costs and benefits but also social and environmental....

Environment committee  We had the luxury that we got it in place by the beginning of 2005, which meant that we had three years before the Kyoto commitment period when it became absolutely vital to have the ETS to help us meet our commitments. So we were lucky. But it is a big endeavour, so it does take

Environment committee  The EU's position is that we want to see a comprehensive agreement with broad participation, that we're not asking for developing countries or emerging economies to take on the same sorts of commitments that we do, because we think they need room for development. We reflect the s

Environment committee  Thank you. I'm going to answer in English because I'm more fluent in English. I think it is important for us--and we're doing it again in the lead-up to 2012--to be clear about our objectives going into negotiations and who's going to do what within that overall target. So part

Environment committee  In fact, I work for that unit; I am not entirely responsible for it. For us, the baseline of 1990 is important, and that's what we stick to in all our projections. Although in our new programs we look at verified emission status for 2005 for the installation by installation for

Environment committee  Thank you. First of all, the creation of the EU ETS was a huge undertaking. Basically, in three years we created a new commodity market, so it's a major step forward. It's a commodity market where we have increasing volumes of trade over time. In the first three years there have

Environment committee  Basically, we've put in place a package of measures to get to the 20% target by 2020, but also to extend that to 30% in the case, as we expect, of an international agreement. It covers both climate change action and renewable action, and it's a comprehensive package that allows u

Environment committee  That you very much, Mr. Chair. Thank you to the committee for inviting the European Commission to present our experience with climate change policy. I am very pleased to be here to speak to you today. As I was saying to the chair, it is really wonderful to have beautiful winter