EU tries again for compromise on deal to phase out coal aid

lunes 27 de julio de 2015 07:55 GYT
 

* Further OECD talks in September, EU talks Wednesday

* Stronger EU position could have big role in advancing debate

* Japan has led resistance

By Barbara Lewis

BRUSSELS, July 27 (Reuters) - EU bosses are pushing to resolve a clash between industry and environmental policy with a new strategy to phase out funding to export coal technology to developing nations, ahead of a meeting of leading economic powers on the issue.

The European Commission, the EU executive, urges tougher rules on when subsidies, known as coal export credits, can be used in a paper seen by Reuters, ahead of interim talks this week.

Political pressure is growing to reach agreement on restricting the coal subsidies before United Nations climate change talks in Paris at the end of the year. But opposition is also strong.

Negotiations at the Paris-based Organisation for Economic Cooperation and Development (OECD) in June ended in statemate as Japan, the biggest user of export credits that help companies such as Toshiba Corp to sell coal plant and mining technology abroad, led resistance.

Another OECD meeting on the issue is scheduled for September.   Continuación...