| 22.01.2009 - EU climate cash windfall for industry in downturn |
| From Guardian: European factories are cashing in on an unexpected benefit from wilting output, selling surplus carbon emissions permits worth about 1 billion euros ($1.29 billion) to raise funds on the carbon market. A recession in Europe will dent industrial output this year and this will sap energy demand and carbon emissions, leading to a surplus of permits among big polluters including steel and cement makers..... Full Article: Source |