[23] A JRC study that assessed the CO2-EOR potential in the North Sea concluded that although the process can increase considerably the European oil production and hence improve the security of energy supply, the impact on reducing CO2 emissions will be limited to CO2 sources in the vicinity of oil fields.

Yes, of course, flexibility is vital; after all, paper cannot be reclaimed and reprocessed an infinite number of times, and that is why I think the amendment that has been tabled on the subject of flexibility is so extremely important and relevant.

“Seven years after its creation, the euro has brought huge benefits, the most significant, perhaps, being the induced resilience to external shocks – from soaring and now persistently high oil prices to the emergence of competition from China.

10. Regrets that, more than six months after the accident occurred, around 35 000 tonnes of fuel oil remain in the sunken vessel, with a leakage rate of around a tonne a day, and the Spanish authorities have failed to find a definitive solution to halt the discharge of fuel; points out, in this connection, that recovery of the fuel which is still inside the wreckage of the Prestige must be a priority; considers, with regard to the heavy fuel recovered, both directly from the discharges and in the form of tar collected along the coasts, that action must be taken to guarantee that it is PROCESSED and stored in a suitable protected place; in this connection, calls for a list of the places in which pollutants from previous oil spills along t ...[+++]he EU's shores are stored, for information to be requested from the authorities concerned on the treatment of waste and the treatment systems used, and for a timetable to be drawn up for the disposal or processing of such substances, permitting incineration as a processing method only if it is done in accordance with Community legislation;

5. Regrets that, more than six months after the accident occurred, around 35 000 tonnes of fuel oil remain in the sunken vessel, with a leakage rate of around a tonne a day, and the Spanish authorities have failed to find a definitive solution to halt the discharge of fuel; points out, in this connection, that recovery of the fuel which is still inside the wreckage of the Prestige must be a priority; considers, with regard to the heavy fuel recovered, both directly from the discharges and in the form of tar collected along the coasts, that action must be taken to guarantee that it is PROCESSED and stored in a suitable protected place; in this connection, calls for a list of the places in which pollutants from previous oil spills along the EU's shores are st ...[+++]ored, for information to be requested from the authorities concerned on the treatment of waste and the treatment systems used, and for a timetable to be drawn up for the disposal or processing of such substances, permitting incineration as a processing method only if it is done in accordance with Community legislation;