A collaboration between Sandbag and WWF Belgium, this briefing identifies the ten companies which have obtained the largest surpluses of ETS allowances from the Belgian government. Against industry’s claims that the ETS drives operations overseas, the briefing finds clear evidence that monetizing spare allowances helped companies to survive the recession.
Belgian Carbon Fatcats
ETSA collaboration between Sandbag and WWF Belgium, this briefing identifies the ten companies which have obtained the largest surpluses of ETS allowances from the Belgian government. Against industry’s claims that the ETS drives operations overseas, the briefing finds clear evidence that monetizing spare allowances helped companies to survive the recession.