UK to auction carbon permits


BBC News, November 18, 2008

The UK government is to auction carbon emissions permits to power firms in a sale projected to raise between 1.5 and 2bn euros (£1.2-1.6bn) by 2014.
The Treasury is being warned that if it keeps the money, it risks fuelling public cynicism about green taxes.
A coalition of green groups and business leaders is demanding proceeds fund a green energy revolution. Read more...

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