Sunday, July 26, 2009

Trading Places: IPCC Boss Slams U.S. Plan for Carbon Tariffs

Trading Places: IPCC Boss Slams U.S. Plan for Carbon Tariffs
By Keith Johnson July 22, 2009 Link to full article below

The head of the Intergovernmental Panel on Climate Change, Rajendra Pachauri, is the latest to take aim at U.S. “carbon tariffs” that would be slapped on imports from countries that don’t take steps to reduce emissions.

He said carbon tariffs undermine the chances of a global deal on climate change by angering developing countries. AP reports:

“This is a dangerous thing, and I think people in Congress must understand this,” said Pachauri, who spoke with the AP after he addressed the National Press Club. “Please don’t use this weapon. I’m afraid that those that have been pushing these provisions probably don’t realize that all of this can cause a major negative reaction,” Pachauri added. “The United States has always stood for a free market system. … Legislation to move away from that principle is clearly counterproductive.”

To read the full article: http://blogs.wsj.com/environmentalcapital/2009/07/22/trading-places-ipcc-boss-slams-us-plan-for-carbon-tariffs/
******************************************************
If you enjoyed this, would you please make a donation?
Even $1 or $5 helps us to serve you.


No comments:

Post a Comment

Related Posts with Thumbnails