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

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

Andy Burnham hails critical role of renewables and nuclear in curbing UK energy costs

Reports: Andy Burnham to announce government grid investment

More on Carbon Trading

The carbon credits debate is finally shifting from 'whether' to invest to 'how'
Carbon Trading

The carbon credits debate is finally shifting from 'whether' to invest to 'how'

With clarity and integrity noticeably improving in supply and demand, where we used to represent opposing positions, we now largely agree on how companies should use carbon credits, write VCMI's Mark Kenber and Oxford Net Zero's Kaya Axelsson

Mark Kenber, VCMI, and Kaya Axelsson, Oxford Net Zero
clock 21 September 2026 • 4 min read
Google inks its 'largest ever' carbon and methane removal deal
Carbon Trading

Google inks its 'largest ever' carbon and methane removal deal

Agreement with Terradot pairs methane cuts from sustainable rice farming with enhanced rock weathering on rice farms in Brazil

Amber Rolt
clock 17 September 2026 • 2 min read
VodafoneThree puts out call for UK-based carbon removals to support its climate strategy
Carbon Trading

VodafoneThree puts out call for UK-based carbon removals to support its climate strategy

Telecoms operator launches four-year procurement process with Abatable to seek carbon removals from nature based and engineered projects across the UK

Amber Rolt
clock 14 August 2026 • 2 min read