Monday, January 24, 2011

EU investigating carbon trading thefts


All carbon trading in Europe has been halted as the European Commission looks into thefts of emissions permits.

The Czech carbon registry said 7m euros (£5.9m, $9.4m) of permits had seemingly been stolen by hackers on Wednesday.

It followed a similar security breach in Austria on Tuesday, and prompted five countries to suspend their registries before the entire system was shut down.

See full Article.