Green alarm as EU ministers mull climate opt-outs

Environmental News Network
Posted: October 10th, 2008 by Thomas L. Knapp

“France, Germany and Austria called on Friday for an easing of EU climate ambitions to help industries facing an economic downturn, causing green groups to warn that the battle against climate change was in jeopardy. The European Union hopes other nations will follow its lead by agreeing a global deal, mindful of United Nations warnings that climate change will lead to droughts, floods and rising sea levels. But Austria said tumbling stock markets necessitated a cautious line on making industry pay to emit carbon dioxide, as this policy could raise costs and hand an advantage to rivals outside the bloc.” (10/10/08)

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