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| | Power tool | | Guardian Unlimited Business |
 | | The complex scheme's fundamental problems arise because governments, under pressure from power producers, give free permits up to a certain level to these very producers, who are responsible for the bulk of CO2 emissions. |
 | | RWE npower, Scottish Power, Scottish & Southern Energy, International Power and Drax, Europe's biggest coal-fired station, have taken up the cudgels and are suing Brussels over the "lost" 20m tonnes in the sector's allowances. |
 | | One clear sign that the ETS is in serious trouble is that senior EU officials say last year's undershoot is "good for the environment" when it is blindingly obvious that by failing to create a genuine market, the scheme has not encouraged investment in renewables and other low carbon technologies. |
| business.guardian.co.uk /economicdispatch/story/0,,1777038,00.html (862 words) |
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