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
- Clauses to Consider in Green Leases
- Bahama Yacht Club to Generate Power from Solid Waste
- Duke Energy, USF Launch Solar Battery Research Initiative
- Energy Storage Helps Hotel Reduce Demand Charges by 10%
- EU Smart Campus Pilot Achieves 30% Energy Savings
- Uline to Operate 130 GenDrive Fuel Cell Units from Plug Power
- Los Angeles Shopping Center Installs 504 kW Solar
- SustainCo Wins $575,000 Contract for Energy Management Controls