Climate Change Rules Shouldn’t Hurt Economy – Germany

Italy and Germany agree that measures to cut greenhouse gases shouldn’t weigh on the economy, Germany Chancellor Angela Merkel said at a press conference Tuesday, indicating government support for tough new measures in Europe is waning.
Any new European Union decisions on climate change and energy “must be taken in such a way as to not weigh on industry” in Europe, she said at a press conference televised live by Sky Italia.
Italy, Poland and a few other nations in mid-October threatened to veto ambitious new E.U. goals to fight climate change slated to be approved at the end of this year, saying that the measures were expensive. Italy asked for a new assessment of costs, and for more flexibility in their implementation.
Germany’s public support of Italy’s position means that E.U. leaders may find it harder to get the package approved this year, as scheduled.
Merkel said the goal of reducing carbon emissions by 20% in 2020 remains an important goal, but that a “compromise that respects principles” must be found.

Kyoto Agreement? Does WHAT to our economies?!  Oh. Never mind.