Coal-Mine Subsidies May Continue Until 2018, EU Commission Says

Bloomberg.com reports that the EU commission is considering extending Coal-Mine subsidies until 2018.

The story is quoted as saying:

 “The commission’s new position accepts to allow operating aid for closure of the mines up to Dec. 31, 2018, provided that a plan mitigating the environmental impact of the use of coal is put in place and that there is a reduction in the amount granted each year,” the commission, the European Union regulator in Brussels, said today in a statement

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