| Markets that trade carbon pollution permits are meant to cut emissions. So why did the carbon dioxide vented in 2010 under Europe's scheme go up? An update on the European Union's Emissions Trading Scheme and just how loose the cap on emissions is now, following the economic crash …
The latest analysis from Bloomberg New Energy Finance shows that last year, carbon emissions from the energy, steel, concrete and manufacturing facilities in the ETS rose by an estimated 1.8%. Yes, rose, not fell..............................................Full Article: Source
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