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Deutsche Bank Carbon-Emission Tax Case Returns to German Court

2016-02-16 10:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: A Deutsche Bank AG official and six former colleagues went on trial in Frankfurt on Monday charged with being part of a group that tricked authorities about value-added tax refunds on carbon-emissions trading in 2009 and 2010. The case is part of the biggest crackdown on emissions-related tax crimes since the European Union began its cap-and-trade system in 2005 and saw police raid Deutsche Bank in 2012. Six men who ran companies that traded emission certificates with Deutsche Bank were found guilty...

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