Klimagoldesel 2013 – Carbon Fatcat Companies in Germany

This new report, published jointly by Sandbag and Friends of the Earth Germany (BUND), finds that German manufacturer’s have accrued spare carbon allowances equivalent to the annual emissions of Austria, while just ten companies have potentially profited by as much as €1.2 billion from the scheme.
Released in advance of key EU votes to withhold ETS allowances from auctions, this report updates research conducted in our first Klimagoldesel [Climate cash-cow] report from November 2011.
The report is also available in German at: http://www.bund.net/klimagoldesel2013