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Britain's Worst Polluters Get Huge Windfall Payout - WTF?!
redgreenandblue.org — An in-depth investigation has revealed that many of Britain ’s most polluting companies stand to receive a windfall of hundreds of millions of pounds, with no benefit to the environment. The huge handout comes as a result of the over allocation of EU carbon permits to some of the biggest names in world business.
peppapig100- 104 diggs
- digg it
- davidryal, on 09/15/2008, -0/+7Finally, Europe is getting on the American bandwagon and paying the right people...
- else7en, on 09/15/2008, -0/+3carbon credit like all credit is ***** *****
- philodygmn, on 09/15/2008, -0/+1The equivalent of paying farmers not to grow crops, I mean, how _couldn't_ it have come to this?
- samotage, on 09/16/2008, -0/+1Companies get permits, for free from the government.
Some get lucky, get so many they can't use 'em. Surplus are sold for cash - unreal, reverse taxation.
Just another in the long list of reasons why handouts for polluters will never work to control the(growing) carbon problem. - britesprite, on 09/16/2008, -0/+0oh yes, BUT they will still pass the ETS costs onto consumers. Criminal.
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