Tough environmental rules do not hamper global exports: OECD

Countries with tough environmental policies such as carbon levies and air pollution rules are not at a big disadvantage when trading globally compared with countries that have looser regulations, a study by the OECD said on Thursday. The report comes at a time when lawmakers in Europe are thrashing out details of how to compensate energy-intensive industries for costs associated with the bloc’s Emissions Trading System (ETS) which charges polluters for each tonne of carbon dioxide they emi