China, E.U., U.S. talk trade on renewable energy, pollution control goods

Sponsored by

GENEVA (AP) — Diplomats from the United States, China and the European Union began talks Tuesday with 11 other countries toward a deal that would cut tariffs on almost $1 trillion of environmental goods.

The proposed agreement at the World Trade Organization would cover 86 percent of trade in goods such as solar panels and wind turbines for generating renewable energy, filters for wastewater treatment and catalytic converters for air pollution control. U.S. exports of environmental goods reached $106 billion last year, and have grown 8 percent a year since 2009.

 

The negotiations also include Australia, Canada, Costa Rica, Hong Kong, Japan, Korea, New Zealand, Norway, Singapore, Switzerland and Chinese Taipei. They are meant to build on a list of 54 environmental goods put together by members of APEC — the Asia-Pacific Economic Cooperation for Pacific Rim economies — for which the governments hope to reduce tariffs to five percent or less by the end of 2015.

The first stage of negotiations aims to eliminate tariffs or customs duties on a broad range of environmental goods, EU trade officials said. A second stage could also address what's known as non-tariff barriers and environmental services.

They said the EU, as a world leader in exports and imports of environmental goods, is particularly interested in reducing barriers to trade in environmental services such as the maintenance and engineering for wind farms.

U.S. Trade Representative Michael Froman said a agreement would eliminate tariffs of up to 35 percent on dozens of items and fulfill a key part of President Barack Obama's climate-change agenda.

Though climate change isn't technically part of the WTO's work agenda, the organization considers itself relevant to the issue because of the way trade policies affect sustainable development, including the efficient allocation of natural resources.

"By eliminating tariffs on the technologies we all need to protect our environment, we can make environmental goods cheaper and more accessible for everyone," Froman said.

Sponsored by
Most Popular Articles

CURRENT MAGAZINE ISSUE

March 2015
Volume 19, Issue 3
1503UPcover

Utility Products Topics

Transmission & Distribution
                       Vehicles & Accessories
Tools & Supplies   Safety
Line Construction & Maintenance   Test & Measurement

WEBCASTS

How to deploy mobile forms + devices to speed up field service processes & reporting

Overcoming the pain points associated with any process is much simpler and more cost effective than you think. This webinar will detail the benefits of switching to mobile forms for field data collection and reporting.
 
We'll examine real use cases and ROI of integrating mobile forms within a given field service process, including for work orders, inspections, checklists and proposals.
 
A quick AT&T Mobile Forms demo will reveal the feature rich, user-friendly nature of the solution. You'll see why it’s a must-deploy to speed up data collection, eliminate invoicing/data entry lags and auto-generate/deliver insightful reports.

UTILITY PRODUCTS BUYERS' GUIDE

POWER INDUSTRY JOBS

Industry Company Pages

Keep up-to-date with the latest news and articles from some of the prominent utility product companies and resources.

BUYER'S GUIDE PRODUCTS

Everlast pole tags

Everlast pole tags for distribution poles have been used all over the world in this great earth's worst environment's proving it is the longest lasting product to use on pole's!

Everlast Substation signs

Everlast safety signs and Everlast Substation signs meet all ANSI and OSHA requirements and continue to be readable for the life of the substation. When most signs fail ours shine.

SB01 Splice Enclosure and Accessories

AFL’s SB01 splice enclosure provides protection from all types of elements. From weather to bullets, the iron and steel construction requires no additional protective covering.