Emissions trading and refrigerated truck engines under scrutiny | Letters
by Letters from on (#37M04)
Emissions trading benefits big polluters, say Maxime Combes et al. And the UK Treasury continues to subsidise certain highly polluting diesel engines, say Matthew Farrow et al
While the EU is extolling its "climate leadership" at the UN climate talks in Bonn, in Brussels it has just agreed to prolong its emissions trading system - providing big polluters with billions of euros in subsidies.
Some EU member states could use a sizable chunk of these funds to carry on burning fossil fuels, with Poland, for instance, looking to prolong the lifespan of its ageing coal infrastructure. Using emissions trading revenues to extend the life of coal-fired power plants is extremely irresponsible and works directly against efforts to halt catastrophic climate change.
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