Europe's cap-and-trade scheme to hand energy polluters €71bn

clock • 3 min read

WWF and Point Carbon study argues free allocation of carbon allowances in phase II of scheme mean energy giants will continue to enjoy huge windfalls

Despite attempts to tighten up the European Emissions Trading Scheme (ETS), the second phase of the scheme which began this year could still see millions of pounds of windfall profits handed to energy...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Trading

Latest BusinessGreen Webinar to explore how to build a business case for high integrity carbon credits

Latest BusinessGreen Webinar to explore how to build a business case for high integrity carbon credits

Webinar hosted in association with Patch to discuss how companies can develop an effective and credible carbon credit strategy

BusinessGreen staff
clock 12 June 2025 • 1 min read
Linking the UK's and EU's carbon markets will fast track climate action

Linking the UK's and EU's carbon markets will fast track climate action

Aligning the UK's ETS with that of the EU's is a no-brainer for fiscal responsibility, supporting British businesses and tackling climate change, writes Transport & Environment UK's director Anna Krajinska

Anna Krajinska, Transport & Environment UK
clock 12 June 2025 • 3 min read
How Snugg is using a cashback model to help Brits fund and plan green home upgrades

How Snugg is using a cashback model to help Brits fund and plan green home upgrades

Robin Peters, CEO and co-founder of Snugg, reflects on his career shift from insurance to attempting to decarbonise millions of UK homes

Stuart Stone
clock 09 June 2025 • 4 min read