Carbon trade scheme ‘is failing’

June 21st, 2007 | Africana

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The government’s own figures show an increase in greenhouse gases
The EU’s carbon trading scheme has increased electricity bills, given a windfall to power companies and failed to cut greenhouse gases, it is claimed.
An investigation by BBC Radio 4’s File on 4 programme has found that after two and half years the scheme has yet to cut in carbon dioxide emissions.

The consumer body Energywatch said customers are getting a raw deal.

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