Brits clash with Europe over carbon permit revenue
9 May 2008

The British Government is on course for an embarrassing showdown with the European Union, business groups and environmental charities after refusing to guarantee that billions of pounds of revenue it stands to earn from carbon-permit trading will be spent on combating climate change.
The dispute follows the publication yesterday of a discussion document by the Department of Environment, Food and Rural Affairs (Defra) outlining how the UK will operate phase three of the EU's Emissions Trading Scheme, which begins in 2012.
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