Saturday, January 26, 2013

Carbon trading is just more corporate welfare

MPs warn against compensating heavy industry for low-carbon costs | Environment | The Guardian: " "I welcome the government helping energy-intensive companies cope with additional carbon price rises to stop them moving jobs abroad. But it shouldn't throw good money after bad by giving compensation to those already making windfall profits from the emissions trading system when allowances were allocated free of charge.""

'via Blog this'