THE PRINCIPLE OF THE SCAM The scam was based on the new market of “pollution rights” opened by the “Kyoto Protocol”, which came into force at the beginning of 2005, but whose constraints were applied from 2008.

The aim of this international agreement was to establish a mechanism encouraging industrialists to reduce their carbon dioxide (CO2) emissions, in order to combat global warming. Each company was allocated a volume of pollution rights free of charge. If the company only consumed part of it, it could resell the balance to companies that had […]

THE PRINCIPLE OF THE SCAM The scam was based on the new market of “pollution rights” opened by the “Kyoto Protocol”, which came into force at the beginning of 2005, but whose constraints were applied from 2008.