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ENVIRONMENT Climate change

Emission auctions attract green eyes

By Simon Taylor
10.07.2008 / 00:00 CET
EU member states are set to make big money from selling off the rights to emit carbon dioxide. They are under pressure to spend the proceeds on greener energy.
© 2008 European Voice. All rights reserved.
Picture 1
Fact file

€30-60 billion

EU member states' estimated annual receipts from auctioning rights to emit carbon dioxide from 2012EU finance ministers don't like to be told what to do with their money

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