Monday, June 20, 2011

Healing the planet: Europe's top industrial firms get "billions from a windfall of free pollution permits"

Europe's top industrial firms have a cache of 240m pollution permits | Environment | The Guardian
European Commission estimates energy-intensive sector will have accumulated allowances worth €7-12bn by the end of 2012
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"More and more businesses see that Europe's future lies in a highly efficient economy with low pollution," Baroness Worthington, Sandbag's founding director, said. "But a small group of carbon fat-cat companies are trying to stop this, in spite of making billions from a windfall of free pollution permits."

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