Identifier
Created
Classification
Origin
09BRUSSELS1330
2009-10-01 15:36:00
UNCLASSIFIED//FOR OFFICIAL USE ONLY
USEU Brussels
Cable title:
CONGRESSMAN MARKEY SHOWS OPTIMISM IN VIDEO CONFERENCE WITH
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UNCLAS SECTION 01 OF 02 BRUSSELS 001330
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TAGS: ECON EIND ENRG EUN EWWT KGHG SENV TPHY TRGY TSPL
SUBJECT: CONGRESSMAN MARKEY SHOWS OPTIMISM IN VIDEO CONFERENCE WITH
EUROPEAN COMMISSION
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several officials at the top of the Chinese leadership to
demonstrate U.S. intent to pass legislation. Additionally,
Waxman-Markey contains several key provisions focusing exclusively
on international climate efforts. He explained that the legislation
allots approximately $5 billion/year to address international
deforestation, as well as up to $4 billion/year each for
international clean technology development and international
adaptation. Addressing outcomes in Copenhagen, the Chairman
expressed that ultimately, all countries must have a common plan by
which everyone is bound.
Carbon Markets Remain Commission Priority
--------------
7. (SBU) Beyond Copenhagen, a key message from the Commission is the
aim of a global carbon market, ideally to be led by the creation of
a transatlantic carbon market. Falkenberg said that the United
States and the EU need to look now at how to link the markets.
However, he identified what he saw as two problems with
Waxman-Markey: the inclusion of border adjustment measures and the
existence of carbon price floors and ceilings. (Note: In separate
meetings with Commission officials, the size and scope of the two
systems has also been cited as a potential problem. The EU's
Emissions Trading Scheme (ETS) makes up only 40-45% of the EU's
economy, while Waxman-Markey covers 85% of the U.S. economy,
incorporating both road transport and agriculture. It is the
inclusion of agriculture that is most often noted as the larger
problem. The Commission has indicated that illy maind exiQal regime, in which
case hind.
That is a key message that needs to be sent to elicit Senate
attention and drive traditional U.S. echnology optimism to solve a
problem, so hat ultimately, the United States will exportQtechnologies to China, and not the other way arund.
Comment
--------------
10. (SBU) The DVC was an effective method of delivering the message
from Washington to influential EU policymaQers and press. All in
attendance were apprecQative of the Chairman's time and left the
meeting with a better feeling of the situation in th United States
than when they arrived. Falkenberg even mentioned that "it is not
everyday I have the opportunity to speak to an influential
Congressman." USEU strongly supports engagement of this nature and
invites additional policymakers to take part in similar video
conferences.
MURRAY
SENSITIVE
SIPDIS
E.O. 12958: N/A
TAGS: ECON EIND ENRG EUN EWWT KGHG SENV TPHY TRGY TSPL
SUBJECT: CONGRESSMAN MARKEY SHOWS OPTIMISM IN VIDEO CONFERENCE WITH
EUROPEAN COMMISSION
BRUSSELS 00001330 001.6 OF 002
////////////////ZFR///////////ZFR///////////Z FR////////////
telegram has been resent (both sections) under new numbers.
Please update your logs and delete this message.
///////////////ZFR///////////ZFR///////////ZF R////////////
BRUSSELS 00001330 002.5 OF 002
several officials at the top of the Chinese leadership to
demonstrate U.S. intent to pass legislation. Additionally,
Waxman-Markey contains several key provisions focusing exclusively
on international climate efforts. He explained that the legislation
allots approximately $5 billion/year to address international
deforestation, as well as up to $4 billion/year each for
international clean technology development and international
adaptation. Addressing outcomes in Copenhagen, the Chairman
expressed that ultimately, all countries must have a common plan by
which everyone is bound.
Carbon Markets Remain Commission Priority
--------------
7. (SBU) Beyond Copenhagen, a key message from the Commission is the
aim of a global carbon market, ideally to be led by the creation of
a transatlantic carbon market. Falkenberg said that the United
States and the EU need to look now at how to link the markets.
However, he identified what he saw as two problems with
Waxman-Markey: the inclusion of border adjustment measures and the
existence of carbon price floors and ceilings. (Note: In separate
meetings with Commission officials, the size and scope of the two
systems has also been cited as a potential problem. The EU's
Emissions Trading Scheme (ETS) makes up only 40-45% of the EU's
economy, while Waxman-Markey covers 85% of the U.S. economy,
incorporating both road transport and agriculture. It is the
inclusion of agriculture that is most often noted as the larger
problem. The Commission has indicated that illy maind exiQal regime, in which
case hind.
That is a key message that needs to be sent to elicit Senate
attention and drive traditional U.S. echnology optimism to solve a
problem, so hat ultimately, the United States will exportQtechnologies to China, and not the other way arund.
Comment
--------------
10. (SBU) The DVC was an effective method of delivering the message
from Washington to influential EU policymaQers and press. All in
attendance were apprecQative of the Chairman's time and left the
meeting with a better feeling of the situation in th United States
than when they arrived. Falkenberg even mentioned that "it is not
everyday I have the opportunity to speak to an influential
Congressman." USEU strongly supports engagement of this nature and
invites additional policymakers to take part in similar video
conferences.
MURRAY