“An essential part of the Bali discussions will be about developing countries and the challenge for these countries to combine economical development with environmental friendly technology,” said Ek. “They need our support, not only in beautiful words, but our financial support and help to apply new technologies.”  
  
European Parliament delegation chairman Alejo Vidal-Quadras says that a key topic will be "carbon market mechanisms and how to develop a worldwide solution, including the calculation of emissions per capita... Our Emissions Trading System is, in theory, an excellent market based instrument but will only be able to deliver positive effects if it's applied on a much larger scale. This is why the EU needs to keep in mind the limitations third countries have and be open to complementary solutions they might propose."

The European Parliament wants the increase in greenhouse gases stopped in the next 10 years and then drastically reduced. It wants the Bali conference to agree on a political mandate for detailed and technical negotiations on a binding international agreement to limit climate change to be implemented by 2009. The new agreement would replace Kyoto, which does not have emission caps for emerging economies and has not been ratified by the US.

Ahead of the Bali talks, Ek told the ELDR’s newspaper that “a united vision from the European Parliament will have a greater influence and provides a unique opportunity to affect the policies on the world stage”. She added that “it will be the start of structured negotiations out of which we need to have an agreement within two years. Such an agreement would ensure that a post-2012 framework on tackling climate change is even more successful than the Kyoto Protocol”.

The EU wants to secure agreement to launch official negotiations for a post-Kyoto climate protection framework. It wants the Bali ‘roadmap’ to include timing, the role of developing countries in the fight against climate change, technology development and market mechanisms.



Article by European Parliament on the Bali talks: 
http://www.europarl.europa.eu/news/public/story_page/064-14203-337-12-49-911-20071130STO14189-2007-03-12-2007/default_en.htm