Excerpt:
Europe's chances of spearheading a global post-Kyoto climate change accord were jeopardised yesterday when Germany secured pledges that several of its heavy industries could be protected from international competition and exempted from the EU's plan to combat global warming.
The concessions, agreed at a summit of European leaders in Brussels, will also complicate the chances of Europe delivering on its commitments to slash greenhouse gas emissions by a fifth by 2020.
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