abc.net.au/news/eu-agrees-law-preventing-import-of-goods-linked-to-deforestation/101741034The European Union has agreed a new law preventing companies selling products linked to deforestation in EU member states.
The new legislation applies to soy, beef, palm oil, wood, cocoa and coffee, and some derived products including leather, chocolate and furniture.The law will require companies to produce a due diligence statement proving their supply chains are not contributing to the destruction of forests before they sell goods into the EU.
Failure to comply could result in fines of up to four per cent of a company's turnover in an EU country. "I hope that this innovative regulation will give impetus to the protection of forests around the globe and inspire other countries at the COP15," said the European Parliament's lead negotiator Christophe Hansen.
Deforestation is a major source of greenhouse gas emissions that drive climate change, and will be in focus at a United Nations COP15 conference this week.Negotiators from EU countries and the European Parliament agreed the new regulation early on Tuesday local time.
Good one...but they should have done this fifty years ago.
The EU's been importing old growth forests from Indonesia through its 'biomass loophole' to feed its renewable biomass furnaces for over a decade.
Right, let's see what they do about Ikea,
Great decision.
Lol, they're still working out how to keep the lights on.
How come your not reporting on what is happening in Brazil? The military are cleaning up the corruption