German authorities raid 50 firms in carbon fraud crackdown

James S Murray
clock • 2 min read

Offices of Deutsche Bank and RWE raided in investigation of €180m carbon fraud - both firms insist they are not the target of the probe

The pan-European crackdown on suspected fraud in the carbon market stepped up a notch yesterday when German authorities raided 230 offices and homes in connection with an alleged €180m tax fraud. The...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Trading

Why we're betting our lives on carbon removal (and why Trump doesn't matter)

Why we're betting our lives on carbon removal (and why Trump doesn't matter)

Carbon removal is happening, but we need to make sure it scales fast enough, argue Residual co-founders Laura Fritsch and Ted Christie-Miller

Laura Fritsch and Ted Christie-Miller, Residual
clock 27 February 2025 • 3 min read
Are nature-based credits the answer to biodiversity challenges?

Are nature-based credits the answer to biodiversity challenges?

Partner Insight: Patch explores the nature-based credit market opportunities for businesses, and how to proactively navigate changing EU regulations

Patch
clock 26 February 2025 • 2 min read
Post-COP29, how should businesses navigate newly agreed carbon market rules?

Post-COP29, how should businesses navigate newly agreed carbon market rules?

Last year's UN Climate Summit finalised several key elements of Article 6 of the Paris Agreement governing carbon markets, and businesses would do well to familiarise themselves with the rules, writes AECOM's Robert Spencer

Robert Spencer, AECOM
clock 07 February 2025 • 6 min read