The carbon dioxide emissions trading system proposed by the EU is "bureaucratic" and has "the features of a centrally planned economy", the German government has claimed. Economics minister Wolfgang Clement made these points to journalists after a meeting on Monday with competition commissioner Mario Monti, during which he expressed his government's concerns over EU plans for emissions trading.
Mr Clement's spokesperson today refused to comment on the minister's conversation with Mr Monti, saying the parties had agreed to keep confidential the content of the "internal meeting".
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