German authorities raid 50 firms in carbon fraud crackdown

James S Murray
clock • 2 min read

Offices of Deutsche Bank and RWE raided in investigation of €180m carbon fraud - both firms insist they are not the target of the probe

The pan-European crackdown on suspected fraud in the carbon market stepped up a notch yesterday when German authorities raided 230 offices and homes in connection with an alleged €180m tax fraud. The...

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

Carbon credit integrity assessments for biochar projects win seal of approval

Carbon credit integrity assessments for biochar projects win seal of approval

Integrity Council for the Voluntary Carbon Market approves three new biochar and two improved forest management methodologies for assessing carbon credit projects

Michael Holder
clock 13 August 2025 • 3 min read
'A critical precedent': BeZero Carbon and Swiss government team up on carbon credit risk assessment

'A critical precedent': BeZero Carbon and Swiss government team up on carbon credit risk assessment

Ratings agency is evaluating new Article 6.2 projects under the Paris Agreement on behalf of the Swiss Federal Office for the Environment

clock 08 August 2025 • 2 min read
Standard Chartered and Brazilian State of Acre join forces to sell rainforest carbon credits

Standard Chartered and Brazilian State of Acre join forces to sell rainforest carbon credits

Indigenous and local communities set to receive 72 per cent of the net funds generated through new agreement

clock 07 August 2025 • 3 min read