Barclays Bank, British Gas and RBS implicated in ‘scandalous’ carbon trading scheme

British companies accused of profiting from emissions trading scheme while consumers foot the bill

Ecologist – 24th June, 2010

British companies are taking part in a complex carbon credits trading scheme that has created a lucrative and inefficient market for the destruction of a potent greenhouse gas.

The Environmental Investigation Agency (EIA) has criticised Barclays Bank, Royal Bank of Scotland and British Gas of colluding with a number of Chinese and Indian chemical companies in financing the destruction of HFC-23.

Read on…

Advertisements

Posted on 27 June, 2010, in Uncategorized. Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s