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Carbon Curbs Haven't Spurred Production Exodus, E.U. Study Shows

2013-11-01 05:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: No businesses in Europe relocated production to regions without greenhouse-gas emission curbs between 2005 and 2012, according to a study for the European Commission on a process known as carbon leakage. We found no evidence for any carbon leakage in the past two trading periods of the European Unions emissions program, said Ecorys, the Rotterdam, Netherlands-based consultancy that wrote the study published on the EUs website. However we think there are indications that this can change in the...

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