EUROPEAN EXPERT GROUP SUGGESTS RESTRICTING METAL SUBSIDIES OVER ECODAMAGE
February 1st, 2007
BY KEITH NUTHALLPUBLIC subsidies paid to the steel, aluminium and other energy-intensive metal industries within the European Union (EU) should be screened for promoting environmental damage, an influential EU expert group has proposed.The EU's High-Level Group on Energy, Competitiveness and the Environment, which includes EU Commissioners, national government representatives, and executives from European industry, unions, non-governmental organisations and regulators, says "subsidies must serve the common interest," noting particular concern about "intensive" ...
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