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Image header Agence Europe
Europe Daily Bulletin No. 10370
Contents Publication in full By article 14 / 37
GENERAL NEWS / (eu) eu/climate

Transparency International slams carbon market

Brussels, 03/05/2011 (Agence Europe) - The NGO Transparency International (TI) has just published a global report on the threat of corruption in the funding process of the fight against climate change. The report slams inter alia the European Union's Emissions Trading Scheme (EU ETS). The report highlights that the carbon market, as developed by the EU has built-in risks of over-allocation of carbon permits resulting from undue influence from vested interests. The consequence will be a fall...

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