Pollution Fight Fading as European Leaders Battle Crisis

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The next victim of Europe’s economic crisis is becoming the global effort to restrain fossil fuel emissions and curb pollution now at record levels.

The European Union, which led the fight by establishing the biggest market for carbon emissions, is letting the matter slip as a priority. EU leaders didn’t discuss climate strategy at their four summits this year, while France, Germany, Spain and Britain are focused on paring the region’s 10.5 percent unemployment rate and 10.8 trillion euros ($13.9 trillion) in debtBloomberg Terminal. The matter didn’t emerge during U.S. presidential debates.