U.S. failure to enact limits on global warming emissions could cost American companies that export to the European Union. E.U. President Jose Manuel Barroso on Sunday said the European Commission is considering a charge on importers from nations without carbon limits. Companies from those countries may be required to buy carbon emissions allowances on exports into the E.U. This is intended to level the playing field with European companies who are already part of the European Emissions Trading System instituted to meet E.U. obligations under the Kyoto climate treaty. Barroso said the Commission could "require importers to obtain allowances (emissions …
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