EU Ponders Carbon Tariff on Imports
European Union leaders strive to portray themselves as being on the front line of global efforts to combat climate change. They boast that the EU has agreed to cut emissions 20 percent below 1990 levels by 2020, well beyond the requirements of the Kyoto Protocol. And both the United Kingdom and Germany recently announced plans to expand their commitment to renewable energy. Their strategy, it seemed, was to lead by example.
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