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2/23/12

EU at stalemate on Canada's oilsands ranking

European Union officials are at a stalemate after voting on whether to classify Canada's oilsands crude as more harmful to the environment than other fuels — a proposal that Canada would fight.

The ballot by experts from the EU's 27 member countries, which are weighted by population, failed to produce the required 255 votes needed to approve the classification.

As a result, the proposal moves up to the European Council, which will vote on it in late spring or early summer. If the council votes for the measure to declare Canada's oilsands oil dirty, Canada would likely appeal to world trade bodies.

For more: EU at stalemate on Canada's oilsands ranking - Business - CBC News

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