Greece set to win €1.75bn from EU climate scheme to build two coal plants

Public funds from Europe’s carbon trading programme – set up to help poorer countries reduce emissions – will help build two plants that will emit about 7m tonnes of CO2 a yearGreece appears on track to win access to a controversial EU programme that could earmark up to €1.75bn (£1.56bn) in free carbon allowances for the building of two massive coal-fired power plants.The 1100MW coal stations will cost an estimated €2.4bn, and emit around 7m tonnes of CO2 a year