Canada Pushes EU On Tar Sands Emission Classification

Law360, New York (May 9, 2013, 2:56 PM EDT) -- Canada on Wednesday described the European Union's plan to designate tar sands oil as more polluting than conventional crude as "discriminatory," but indicated that the long-running dispute would not get in the way of a proposed trade pact intended between Canada and the EU.

During a lobbying trip to Europe, Canada's Natural Resource Minister Joe Oliver voiced concerns over the EU's Fuel Quality Directive, an aggressive plan for reducing greenhouse gases that would label tar sands oil a higher greenhouse gas emission value than crude oil....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.