03.05.2013 - EON overtakes Arcelor as biggest UN carbon-offset user in 2012
EON SE, Germanyís biggest power generator, used the most United Nations offsets to cover carbon- dioxide emissions last year, overtaking steelmaker ArcelorMittal (MT), data on the European Commission website show. Factories and power stations used 500 million offsets in the blocís cap-and-trade program, the data show. EON handed in about 35 million credits, enough to cover 43 percent of its emissions last year. RWE AG (RWE), the second-biggest polluter in 2012, used credits covering 22 million tons, or 14 percent of its discharges. Offsets may be used to cut compliance costs within Europeís carbon-trading system...............................................Full Article: Source
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