Tax fraud plagues Carbon Trading program
Green (Living) Review
JUNE 14, 2010
The taxes were levied as part of the European Union Greenhouse Gas Emission Trading System, created in January 2005 and based on Directive 2003/87/EC, which was enforced beginning Oct. arrest warrant) as well as an unreported number so far in Germany. In this particular sweep, Germany is looking at 180 million euros ($239 million) in tax evasions by 150 individuals at 50 companies.