Chirac Demands U.S. Sign Kyoto or Face Carbon Tax
President Jacques Chirac has demanded that the U.S. sign both the Kyoto climate protocol and a future agreement that will take effect when the Kyoto accord runs out in 2012, The New York Times reports. If not, a carbon tax across Europe on U.S. imports could be imposed to try to force compliance.
“A carbon tax is inevitable,” Mr. Chirac said. “If it is European, and I believe it will be European, then it will all the same have a certain influence because it means that all the countries that do not accept the minimum obligations will be obliged to pay.”
In the past, European Union trade chief Peter Mandelson has said he is opposed to such taxes, saying they would be hard to implement and problematic under international trade rules, Reuter’s reports.
Energy Manager News
- IRS to Buildings Owners: “We’re From the Government and We’re Here to Help”
- CT Hospital, Soltage, Tenaska Unveil Solar Plant
- FAA Pays to Upgrade Airport Hangar Heating
- Maryland Electric Coops Mount FERC Challenge to Community Solar Garden Retail Prices
- SEIA Releases Updated Version of ‘Guide to Federal Tax Incentives’
- Energy Efficiency and Waste Disposal Grow Closer
- Worcester School Gets Grant to Complete LED Retrofit
- Cree Recalls Lamps