Europe's top industrial firms have a cache of 240 million pollution permits

clock

European Commission estimates energy-intensive sector will have accumulated allowances worth €7-12bn by the end of 2012

Some of Europe's largest industrial companies gained billions of euros from the carbon emission rules they lobbied fiercely against, new analysis reveals today. Ten steel and cement companies have amassed...

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

Amazon opens up carbon credit service to British businesses

Amazon opens up carbon credit service to British businesses

EXCLUSIVE: UK-based firms with credible net zero targets in place can now purchase carbon offset, inset, and removal credits through the US tech giant's online platform

Michael Holder
clock 10 June 2026 • 3 min read
Can the carbon removal market scale up to meet future demand?

Can the carbon removal market scale up to meet future demand?

National pledges fall short of Paris Agreement warming thresholds by more than five billion tonnes of CO2 per year by 2050, report warns, and carbon removals could struggle to fill the gap

Stuart Stone
clock 03 June 2026 • 9 min read
Gold Standard launches next-generation carbon credit registry

Gold Standard launches next-generation carbon credit registry

Updated carbon registry platform delivered in partnership with Trovio aims to improve connectivity with national registries, while maintaining full traceability of credits

clock 14 May 2026 • 2 min read