A year ago the BBC reported:
Europe's big power companies could make profits of up to 71bn euros (£56bn) from the EU's scheme to curb carbon emissions, according to a report.
Environment group WWF says the EU's Emissions Trading Scheme (ETS), which allocates firms a fixed number of free carbon permits, does not work.
It says the high level of free handouts benefits German generators most of all, despite their reliance on coal....MORE
Here's a pull-quote from the article:
It's less than perfect, but it's a start - it's the first market-based mechanism to put a price on the use of natural resources
E.ON is is headquartered in Düsseldorf and is one of the largest power producers in the world. E.ON U.S. is headquartered in Louisville. Here's E.on's press release:
Here's Liza Minnelli and Joel Grey: