EU oil firm emissions cuts could hurt industry-IEA


LONDON, Jan 31 (Reuters) - European Commission proposals to force oil firms to cut their greenhouse gas emissions could hurt industry competitiveness without "compensating measures" such as a charge on imports, said Fatih Birol, IEA chief economist. The International Energy Agency (IEA) is the adviser on energy matters to 26 industrialised countries. "Such measures may hurt industrially if the compensating measures are not introduced," said Birol on Wednesday, adding that these measures ...

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