UK Emissions Trading Scheme: Government urged to close 'absurd' carbon allowance 'loophole'

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

UK firms that close carbon-intensive industrial facilities can continue to sell unused carbon allowance credits thanks to 'loophole' in cap-and-trade system, Greenpeace investigative journalism unit claims

A "loophole" in the government's Emissions Trading Scheme (ETS) is enabling firms to make millions of pounds from selling unused carbon allowances after closing down their industrial facilities, Greenpeace's...

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