EU's key environment policy is failing

EU's key environment policy is failing

www.openeurope.org.uk

Almost everyone now acknowledges that the first phase of the system - running from 2005 to 2007 - has been a failure: more permits to pollute have been printed than there is pollution. The price of carbon has collapsed to almost zero, creating no incentive to reduce pollution. As a result, UK firms covered by the scheme increased their emissions by 3.6% in the first year alone. Across the EU, emissions from installations covered by the ETS rose by just under 1%.


It was hoped that changes...

(visit the link for the full news article)


Related News Links:
www.euractiv.com
www.transportenvironment.org
www.iht.com


Mod Edit: Removed copy/paste over the 500 character limit.

[edit on 10-8-2007 by UM_Gazz]

Well, it appears that all the calls for carbon credits, which "were supposed to save us and save the planet", are not working at all. Meanwhile some groups get money from such schemes, we are learning that these plans are not working at all.

Environmental groups are blaming the European commission for not doing more. (Third article below)

Anyone ready for a new Global Green Tax?



www.openeurope.org.uk
(visit the link for the full news article)