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EU: Hello to Unilateral Climate Policy – Goodbye to Industry
India will not accept any emission-reduction target – period. This is a non-negotiable stand. Jairam Ramesh, Indian Environment Minister, 30 June 2009. Financial Times, 1st July 2009.
The European Union risks driving industry out of the region if it continues to push for deeper cuts in carbon dioxide emissions than other economies, according to the chief executive of Eon, one of the world’s biggest renewable energy companies. Wulf Bernotat, Eon’s chief executive, told the Financial Times that the EU was imposing higher energy costs on its industry than competing regions. Ed Crooks, Financial Times, 30 June 2009.