blinkx

  • ENVIRONMENT: Climate change: Failure of Carbon Emissions Trading Scheme

  • 00:00:17
  • ITN Source
    • Browse

ENVIRONMENT: Climate change: Failure of Carbon Emissions Trading Scheme

"It is a failure" - this is the damning verdict of the European Commissioner for Energy on the centrepiece of the EU's efforts to tackle climate change. Adris Piebalgs admits the Carbon Emissions Trading Scheme, designed to cut emissions in the EU and meet Kyoto commitments, is far too lax. On the 9th March 2007, European leaders will meet to hammer out emission targets for the next fifty years. Meanwhile, a report reveals Britain's utility companies have pocketed hundreds of millions of pounds, by charging for carbon credits they had received for free.

ITN Source | March 7, 2007Watch more videos from ITN Source

Tags:. .meet. .change. .too. .source. .millions











Admits   Adris   Britains   Carbon   Centrepiece   Change   Charging   Climate   Commissioner   Commitments   Companies   Credits   Cut   Damning   Designed   Efforts   Emissions   Energy   Environment   Eu   European   Eus   Failure   Far   Fifty   Hammer   Hundreds   Kyoto   Lax   Leaders   March   Meanwhile   Meet   Millions   Pocketed   Pounds   Received   Reveals   Scheme   Source   Tackle   Targets   Too   Trading   Utility   Verdict