| From Guardian: Influential EU lawmakers sought in a key vote on Tuesday to ease the cost for factories of meeting greenhouse gas emissions limits from 2013 as much of Europe heads for recession.
But the European Parliament's environment committee backed an EU executive Commission plan to wipe out utility windfall profits from carbon trading and transfer up to 30 billion euros ($40.76 billion) to member state coffers. Factories and power plants participating in the EU emissions trading scheme (ETS) get most of their carbon permits free now...... Full Article: Source
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