EU, Competition And Trade Alert - Environment Protection Or Trade Protectionism?
Mondaq Business Briefing › United Kingdom Law Articles in English (2008)
Linked as:
Extract
EU, Competition And Trade Alert - Environment Protection Or Trade Protectionism?
Would a carbon equalisation system to offset carbon leakage comply with international laws?
Interested entrepreneurs have claimed that a greenhouse gas emission allowance trading scheme (ETS) imposes high cost on Community industries. This could lead to a loss of market share to installations outside the Community not taking comparable action to reduce emissions. The European Commission's proposal for amending the ETS takes account of such claims and discusses - albeit vaguely - the introduction of a carbon equalisation system to prevent carbon leakage. Similar considerations are currently underway in the United States. On 23 January 2008, the European C...See the full content of this document
Sponsored links
