09 January 2008 11:24 [Source: ICIS news]
PARIS (ICIS news)--The European Commission (EC) said on Wednesday it will consider imposing import duties on goods produced in countries that failed to agree to cut carbon dioxide (CO2) emissions.?xml:namespace>
“We do not foresee the need to go down that route at the moment,” said EC spokeswoman Barbara Helferrich. “But it is an option that we may consider if European Union [EU] businesses are being disadvantaged.”
Any move will most likely target imports of energy-intensive products such as steel from ?xml:namespace>
But Helferrich stressed such a decision would only be taken as a last resort.
“We are still hopeful of reaching a global deal on climate change and reducing emissions which would make it unnecessary to do this,” she said.
The EU has pledged to cut CO2 emissions by 20% by 2020, or by 30% if there is a global agreement on climate change.
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