Nicolas Sarkozy, the French president, has weighed into the controversy over
the European Union's climate change plans with an attack on some proposals as
"neither efficient, fair nor economically sustainable".
Just six months before France takes up the EU presidency, Mr Sarkozy has written
to Commission president José Manuel Barroso to set out his objections to the
plan for reducing carbon emissions to be published later this month.
In the letter seen by the Financial Times, Mr Sarkozy stresses his support for a
system to cut carbon emissions and promote the development of renewable energy.
However, he warns that, as currently structured, the proposals could unfairly
penalise France and would pose a real threat to European industry, which would
be forced to move to countries where regulations were less restrictive and
The car industry alone faces potential fines of between €4bn ($5.9bn, £3bn) ...