GERMANY RULING AT ECJ COULD ALLOW GOVERNMENTS TO STRIP TRANSPORT COMPANIES OF CARBON CREDITS
November 1st, 2007
BY KEITH NUTHALL
GERMANY RULING AT ECJ COULD ALLOW GOVERNMENTS TO STRIP TRANSPORT COMPANIES OF CARBON CREDITS
EUROPEAN Union (EU) auto manufacturers may be offered a chance to make extra money in the future - by selling permits to pollute set amounts of carbon dioxide, but a recent ruling from the European Court of Justice (ECJ) has made this potentially lucrative scenario less attractive.
It's all about greenhouse gas emissions trading. The EU operates an emissions trading system, where big CO2 polluters are given set permits to emit this gas into the ...
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