http://www.techweekeurope.co.uk/news/firms-face-fines-for-ignoring-carbon-rules-8242 Enhancing business with technology - in association with eweek.com Wed, 08 Feb 2012 19:23:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.techweekeurope.co.uk/news/firms-face-fines-for-ignoring-carbon-rules-8242#comment-108542 Carbon Markets: Reinventing Capitalism Or Rebranding Socialism? | eWEEK Europe UK Wed, 07 Sep 2011 09:54:51 +0000 http://www.eweekeurope.co.uk/?p=8242#comment-108542 [...] There are a handful of schemes in the world, the largest being the EU’s Emissions Trading Scheme (ETS), which applies to utilities, a system which Porritt said is “dysfunctional”. It “has not changed behaviour,” he said, and is better known for the various kinds of fraud and corruption that has gone on within it. ETS applies to electricity generators, while the UK’s CRC scheme which applies to large energy users is about to properly start. It seems that many companies will fail to register, and others are not prepared for the act’s requirements. [...] [...] There are a handful of schemes in the world, the largest being the EU’s Emissions Trading Scheme (ETS), which applies to utilities, a system which Porritt said is “dysfunctional”. It “has not changed behaviour,” he said, and is better known for the various kinds of fraud and corruption that has gone on within it. ETS applies to electricity generators, while the UK’s CRC scheme which applies to large energy users is about to properly start. It seems that many companies will fail to register, and others are not prepared for the act’s requirements. [...]

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