Obama against penalties on those not accepting pollution limits

Typography
US President Barack Obama on Sunday expressed his opposition to a provision in the clean energy bill that would impose trade penalties on countries that do not accept limits on global warming pollution, The New York Times reported late Sunday.

US President Barack Obama on Sunday expressed his opposition to a provision in the clean energy bill that would impose trade penalties on countries that do not accept limits on global warming pollution, The New York Times reported late Sunday.

The newspaper said Obama had told a small group of reporters at the White House that at a time when the global economy is still deep in recession, he thought "we have to be very careful about sending any protectionist signals out there."

!ADVERTISEMENT!

"I think there may be other ways of doing it than with a tariff approach," the president was quoted by the paper as saying.

On Friday. the US House of Representatives narrowly passed legislation to limit pollution blamed for global warming, handing Obama a hard-fought major victory.

Article continues