In 1968 he began working as a lawyer for a firm on
Wall Street, moving to the
World Bank the following year, where he worked on investments in Africa and the Middle East. the EU has been looking to tax products imported from those countries not taking low-carbon policies on board (
Border Tax Adjustments). When defending the commission's new proposals to climate change in 2007, he claimed "It is clear that the fight against climate change is much more than a battle. It is a world war that will last for many years." Dimas oversaw the introduction of the EU's
emissions trading scheme, that took effect on 1 January 2005, despite emissions reduction plans from
Poland,
Italy, the
Czech Republic and
Greece not having been approved on time. He also sought to include companies operating aircraft under the emissions trading regime. In February 2007 the Commissioner put forward his plans to increase fuel efficiency standards of cars so that emissions are no more than 130g of CO2 per km, down from 162g/km in 2005. This caused anger from the European car industry which was stoked by the Commissioner requesting a
Japanese car, a
Toyota Prius, instead of a European make due to the Toyota's better environmental standards.
Return to Greece In July 2010 the president of
New Democracy Antonis Samaras appointed Stavros Dimas as vice-president of the party with responsibility for economic and social affairs. From 11 November 2011 to 17 May 2012 he served as
Minister for Foreign Affairs in the
Lucas Papademos interim cabinet. which
took place in three ballots on 17, 23 and 29 December. He failed to achieve the necessary votes, forcing the dissolution of parliament. ==References==