EU pollution plan threatens million jobs

German industrialists estimate that one million jobs are threatened in Germany by European Union plans to fight global warming, a sector leader said on Friday in an interview.

“If the German government enacts its 2020 goal of reducing carbon dioxide emissions by 40 per cent, I estimate that one million jobs are threatened,” Federation of German Industries (BDI) president Juergen Thumann told the daily Rheinische Post.
“Sectors such as chemicals and steel in particular will have problems,” he said.

German industrialists have regularly mobilised against projects to fight global warming whether they originate in Berlin or Brussels.

The debate is now focused on a European Commission proposal to sell emissions credits that are mostly provided for free at present.

Times of India