EU carbon trading windfalls under fire from Lord Turner
The carbon trading scheme, which is meant to penalise heavy polluters and reward those who reduce their emissions, currently gives out large numbers of “allowances” to companies for free, which can then be sold for cash on the open market.
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Tags: carbon credits, Carbon Dioxide, Carbon Emissions, carbon nuetral, Carbon Price, Carbon Reduction, Carbon Trading, Emissions Reductions, EPA, India carbon