Google Translate - The Danes did not address firms trading CO2 allowances and was defrauded of 38 billion.

In two year, scammers from around the world free rein to commit fraud with quotas for 38 billion Danish kroner by the Danish emissions trading registry.
...It was while the EU's current climate Commissioner Connie Hedegaard, the climate and energy that registered dropped the requirement for documentation from them that would sell permits.
...It is inconceivable that Connie Hedegaard not even have demanded an investigation of the case long ago, "he said.