American Petroleum Institute’s (API) Dustin Meyer sounded the alarm on a European Union (EU) directive that would impose “massive, mandatory, extraterritorial” regulations on American companies.
“The EU’s Corporate Sustainability Due Diligence Directive imposes massive, mandatory, extra territorial environmental requirements on US companies that represents an unprecedented reach of European regulations into American industry,” Dustin Meyer, API’s senior vice president of policy, economics, and regulatory affairs, told Breitbart News in an interview.
Meyer explained that the EU Corporate Sustainability Due Diligence Directive (CSDDD) regulation…
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