Italy and France Urge EU to Adopt Carbon Import Tariffs
5:49 AM MDT | April 19, 2010 | Alex Scott
France’s president Nicolas Sarkozy, and Italy’s prime minister Silvio Berlusconi jointly have called upon the European Commission to assess the feasibility of introducing a system for taxing products imported into the European Union (EU) based on their use of CO2. The leaders say this could be a way of protecting European Union (EU) industries from carbon leakage as a result of the EU’s planned introduction of an emissions trading scheme (ETS) in 2013 which industries would have to pay for permission to emit CO2 and other greenhouse gases. The...
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