Agents Bust Nine for "Cap-and-Fraud"

onAug 24, 2009 @ 07:51 PDT

Customs agents this week arrested nine people in the London area suspected of a multimillion dollar fraud in trading carbon permits, bringing attention to a rich new field for crime sprung from the fight against climate change. The arrest confirmed fears among law enforcement officers that swindlers – operating from the trading floors of Europe to the tropical forests of the Pacific – are being attracted to a market that has grown to more than $100 billion.

By Ross Gelbspan

Somalia’s Parliament and Public Are Questioning the President’s Shadowy Oil Deal With Turkey

ByOscar Rothstein

on Nov 10, 2026 @ 20:00 MST

Some MPs say the arrangement — which gives Turkish Petroleum 95% of revenues on estimated 20 billion barrels of oil — is "illegitimate".

UN Fails to Disclose Company Names on Biodiversity Summit Delegates List

ByRachel Sherrington, Clare Carlile and Brigitte Wear

on Nov 10, 2026 @ 09:39 MST

Hundreds of representatives from the world’s most powerful industry bodies representing sectors that harm, or exploit, the natural world were present on the ground at the October nature summit in ...

Series: Big Ag's Climate Push

French Oil Giant Backs Dozens of Lobby Groups Fighting New Methane Rules Around the World

ByCécile Marchand and TJ Jordan

on Nov 10, 2026 @ 04:07 MST

TotalEnergies has won plaudits for voluntary steps to tackle the planet-heating gas. So why does it fund moves to delay, dilute or dismantle regulation?