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4/15/10

Sarkozy, Berlusconi push EU for border climate levy

The European Union's executive must work out ways to impose a climate levy on imports from countries which do not make efforts to combat global warming, the leaders of France and Italy said in a joint letter Thursday.The EU has already put in place laws aimed at forcing industry to reduce its greenhouse-gas emissions, but member states fear that that could force European companies to relocate to other territories with less strict rules, the so-called "carbon leakage."

For more: Sarkozy, Berlusconi push EU for border climate levy - Summary | Earth Times News

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