Business says EU carbon tax proposal premature
Thursday, November 19, 2009
European Commission plans to introduce minimum EU-wide CO2 tax rates could be "counter-productive" at this stage as member states have not had enough time to implement measures to cut emissions from sectors that do not participate in emissions trading, according to European businesses.National measures are more suitable for reducing emissions from sectors that fall outside of the EU's emissions trading scheme (ETS; see EurActiv LinksDossier) than EU-wide carbon taxes, BusinessEurope, an ...