Showing posts with label Tariff Abolition. Show all posts
Showing posts with label Tariff Abolition. Show all posts

Wednesday, 29 August 2007

The Lights Are On But No One's At Home - DG Trade Get It Wrong

The decision by DG Trade to continue to hold in place a tariff on Chinese energy saving light bulbs is a foolish one.

It seems that only German light bulb company Osram wanted to keep the tariff. I hope that the tariff will be lifted and soon. It makes no sense for the European Commission to keep a tariff in place when they are trying to encourage European consumers to save energy.

It is also bad economics.

I hope that the tariff will be voted down by member states within the month.

The BBC have more information here.