Carbon tariff 'an excuse' to protect trade
By Ding Qingfen | China Daily | Updated: 2009-07-04 08:28
Developed countries' proposals to impose "carbon tariffs" on imports will violate WTO rules and go against the spirit of the Kyoto Protocol, the Ministry of Commerce (MOFCOM) said on Friday.
A statement on the MOFCOM website said such a move would license developed countries to resort to "trade protectionism in the name of protecting the environment".
The MOFCOM statement comes amid debates and negotiations over what impact a new global pact to reduce greenhouse gas (GHG) emissions will have on the international balance of trade.
Photo