Wednesday, 30 December 2009

'Carousel' frauds plague European carbon trading markets

Just a few weeks ago, Europol, the cross-border police force, said that carbon trading fraudsters may have accounted for up to 90pc of all market activity in some European countries, with criminals mainly from Britain, France, Spain, Denmark and Holland pocketing an estimated €5bn (£4.5bn).

"It is estimated that in some countries, up to 90pc of the whole market volume was caused by fraudulent activities," Europol said.

Figures from New Energy Finance show the value of the global market falling from $38bn (£23bn) in the second quarter to $30bn in the three months to the end of September after several countries cracked down.


Read the full article by Rowena Mason at the Daily Telegraph here.

8 comments:

  1. The best lighting for smart people. Visit our site and ensure the adequacy of price .
    Informative and interesting which we share with you so i think so it is very useful and knowledgeable. I would like to thank you for the efforts. grademiners.com review
    I am tiring the same best work from me in the future as well. I'll use this information to provide research paper help.

    ReplyDelete
  2. When you are at long last ready to secure a terrible credit home advance renegotiating, the advantages can be felt immediately. The second credit used to renegotiate your lodging advance can give you additional money and in the meantime facilitating your budgetary commitment. cash advance

    ReplyDelete
  3. Credit sums much be fastened to salaries and restricted by existing property estimations. Without these points of confinement, costs can take off with bank capital. Amid the crash, moneylenders saw values drop underneath their advance sums, and they lost a lot of cash. cash advance

    ReplyDelete
  4. They are paid hourly representative's who have next to no if not zero inspiration to go the additional mile and help you get some required solace and alleviation while settling your issue. Frequently they simply exacerbate the issue by being impolite and requesting, telling individuals things like "simply pay your bills". So its basic that you get past these individuals and to a master. auto title loans chicago

    ReplyDelete
  5. Most credit alterations will incidentally lessen your home installment to around 33% of your family's wage every month. You'll have the capacity to recover your coexistence and begin making the most of your family. Your state of mind will enhance and you'll begin having a fabulous time once more. Check Cashing Chula-vista

    ReplyDelete
  6. For general data on home credits in Australia, you can visit sites, for example, infochoice and Cannex. These assets can point you in the right bearing in your interest for best or top home credits in Australia. Cash Advance

    ReplyDelete
  7. The borrower simply needs to claim a home property to keep against the credit sum. Regardless of whether your FICO assessment is great or not, you can profit the best advantages as whatever other borrower. cash advance san-diego

    ReplyDelete
  8. Don't simply take the main give you are offered, approach 5 or 6 distinct moneylenders to perceive what is on offer, ensure you get exhaustive quotes from every one of them, then set aside the opportunity to take a seat and experience every one deliberately, making a note of things like financing costs, credit terms, course of action charges and early reimbursement punishments. Cash Advance

    ReplyDelete

All useful comments welcomed.