BRUSSELS (Reuters) - The European Union is considering state aid to help companies deal with the risk of electricity prices rising as the EU clamps down on carbon emissions, a document seen by Reuters on Wednesday showed.
The measures are aimed at easing a stand-off with member states including Germany and Poland that fear big employers will simply move operations overseas to less regulated countries, rather than face the cost of cutting carbon at home.
The EU is now reviewing its flagship c, which caps how much CO2 industries may emit and makes them pay for permits to pollute.
"Aid could be reasoned to be necessary...where the costs of ETS burden companies to an extent that they would leave the EU," the document said.
EU mulls state aid to ease costs of cutting CO2
Wed, 26 Nov 2008 13:10:10 GMT
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