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EU mulls state aid for companies hit by CO2 costs

Posted on 27 November 2008

From Guardian: European Union negotiators are considering allowing state aid to companies hit by any increases in electricity prices due to the cost of permits to emit carbon dioxide, a document seen by Reuters on Wednesday showed.

The measures are aimed at easing the risk that manufacturers could move overseas to avoid the cost of buying permits to pollute under the EU’s flagship Emission Trading Scheme (ETS), which is central to the bloc’s efforts to fight climate change….. Full Article: Source


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