The non-profit We Mean Business coalition, which works with corporates on climate, said the rules "have the potential to unleash huge investments".
It singled out coal, the most polluting of the fossil fuels, though at the 11th hour switched from urging a "phase out" in coal-fired power to a "phase down". "This concentrates emissions in countries with less stringent climate measures and unilaterally wears on companies that already need to cope with large financial burdens," the Federation of German Industry said Sunday.
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