eu dropped climate policies after bp threat of oil industry exodus /

Published at 2016-04-20 14:42:42

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Oil giant warned industry would pull out of EU whether laws to cut pollution and speed clean energy acquire up were passed,letter obtained by the Guardian revealsThe EU abandoned or weakened key proposals for new environmental protections after receiving a letter from a top BP executive which warned of an exodus of the oil industry from Europe whether the proposals went ahead.
In the 10-page letter, th
e company predicted in 2013 that a mass industry flight would result whether laws to regulate tar sands, or cut power plant pollution and accelerate the uptake of renewable energy were passed,because of the additional costs and red tape they allegedly entailed.
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Source: theguardian.com

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