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.