Drama at the dress rehearsal

May 2006
New Scientist;5/20/2006, Vol. 190 Issue 2552, p5
The article presents information related to the European Union's (EU) emissions trading system. The EU has released a report which shows that governments of various countries requested permits to release far more greenhouse gas than their industries actually emit. The whole point of the market in permits is to let polluters make money out of cutting emissions. Many governments have been duped into issuing too many permits, but this week's emission figures reveals exactly how much individual companies pollute.


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