Tom Heinemann
Søren Steen Jespersen
Bo Tengberg
Henrik Fleischer
Niels Ostenfeld
Peter Schultz
DR International Sales
DR Byen, Emil Holms Kanal 20
DK-0999, Copenhagen C
+45 3520 3040
[email protected]
2013
Denmark
57 min
Color
The EU’s first carbon credit was put on sale in 2005. The idea was that the trading of carbon would reduce CO2 emissions and thereby curb global warming. But the system has collapsed and instead Denmark became the centre of one of the world’s fastest growing scams. Experts and Europol estimate that the European treasuries lost some 10 billion euros to hackers and VAT fraudsters from around the world. The carbon credit system has collapsed - and prices have dropped by 90%. It has never been cheaper to pollute than today and carbon emissions have never been higher in the history of mankind.
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