Spain latest to crack down on carbon fraudsters

clock • 2 min read

Nine arrested over alleged €50m carousel fraud

The EU crackdown on so-called carousel fraud of its carbon emissions trading scheme stepped up a notch this week after Spanish police arrested nine people on charges of avoiding €50m (£44.32m) in tax linked...

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

Verra sets out rules for use of carbon credits to fund coal plant closures
Carbon Trading

Verra sets out rules for use of carbon credits to fund coal plant closures

New carbon credits standard designed to help coal-fired power plant operators access finance to support their switch to clean energy

BusinessGreen staff
BusinessGreen staff
clock 07 May 2025 • 2 min read
New Patch platform to streamline carbon credit sourcing and buying
Carbon Trading

New Patch platform to streamline carbon credit sourcing and buying

Carbon market platform unveils software designed to replace manual and fragmented workflows and aggregate hundreds of millions of available credits

Business Green
clock 24 April 2025 • 2 min read
Could the UK emerge as a global hub for high integrity carbon markets?
Carbon Trading

Could the UK emerge as a global hub for high integrity carbon markets?

Government sets out new integrity principles in a bid to boost confidence in carbon and nature markets, as buyers warn of a squeeze on high quality credits that could see prices start to rise

Stuart Stone
Stuart Stone
clock 17 April 2025 • 10 min read