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Tag:

green trade war

Europe Concerned About Carbon Tariffs Triggering Green Trade War

written by Ceylan Thomson

European nations are wary about a perceived trend in France and the United States to use international competition as a reason to back off on carbon-reduction pledges.

They are concerned that carbon tariffs could be used to fend off competition from countries which have not committed to reducing emissions, in effect triggering a green trade war.

So far, France has been the only European Union member state to openly rally for the introduction of border measures to secure the competitiveness of European industry against emerging economies. It put the measure on the table in 2008 when the EU was immersed in discussions on a revision of its emissions trading scheme (EU ETS).

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July 30, 2009 0 comment
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