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EU set to offer polluters 10 years of free carbon credits - document

2015-06-04 13:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The European Union may have to offer its heaviest polluting industries another ten years of free carbon credits to prevent them from leaving the region to do business elsewhere, EU regulators have suggested in a report seen by Reuters. Ten years ago the EU launched a plan to tackle climate change by asking heavy industry and utilities to pay for every ton of carbon dioxide they produced. After fierce lobbying, it conceded that the heaviest polluters could have free permits. The so-called Emissions...

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