The EU's first carbon credit was put on sale in 2005. The idea was that the trading of carbon would reduce CO2 emissions and thereby curb global warming.
But the system has collapsed and instead Denmark became the centre of one of the world's fastest growing scams. Experts and Europol estimate that the European treasuries lost some 10 billion euros to hackers and VAT fraudsters from around the world.
The carbon credit system has collapsed - and prices have dropped by 90%. It has never been cheaper to pollute than today and carbon emissions have never been higher in the history of mankind.
But the system has collapsed and instead Denmark became the centre of one of the world's fastest growing scams. Experts and Europol estimate that the European treasuries lost some 10 billion euros to hackers and VAT fraudsters from around the world.
The carbon credit system has collapsed - and prices have dropped by 90%. It has never been cheaper to pollute than today and carbon emissions have never been higher in the history of mankind.
| Original title | Varm luft for milliarder |
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| Danish title | Varm luft for milliarder |
| Keywords | Climate changes, Climate policy, CO2, CO2 quotas, CO2 reduction, Developing countries, CO2 emission |
| Director | Tom Heinemann |
| Producer | Søren Steen Jespersen |
| Director of Photography | Bo Tengberg |
| Editor | Niels Ostenfeld |
| Sound | Peter Schultz |
| Composer | Rishi |
| Appearance | Al Gore, Rob Wainwright, Bill Clinton, Connie Hedegaard |
| Production country | Denmark |
| International sales | DR International Sales |
| TV release | 09.09.2013, DR 1 |
| DFI subsidy | Konsulentstøtte |
| Danish rating | Allowed for all |
Companies |
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| Production company | Larm Film |
| Co-production | Heinemann Media |
| With support from | Det Danske Filminstitut, Danida, Bertha Britdoc Documentary Journalism Fund |
| In collaboration with | Danmarks Radio |
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Direction |
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| Direction | Tom Heinemann |
| Research | Ronni Abergel |
| Research | Peter Voergaard |
| Research | Aziz Zaeed |
| Research | Sonu Madhavan |
| Research | Dan Adeli |
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Production |
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| Producer | Søren Steen Jespersen |
| Creative producer | Michael Christoffersen |
| Production manager | Esther Wellejus |
| Technical coodinator | Jonas Abildgaard |
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Cinematography |
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| Cinematographer | Bo Tengberg |
| First assistant camera | Mark Thyrring |
| First assistant camera | Sven Bloch |
| First assistant camera | Dror Kasinsky |
| First assistant camera | Yuki Eikawa |
| First assistant camera | Kamal Musale |
| First assistant camera | Mika Koskinen |
| First assistant camera | Lotte la Cour |
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Editing |
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| Editor | Niels Ostenfeld |
| B-editor | Henrik Fleischer |
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Music |
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| Music | Rishi |
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Sound |
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| Sound designer | Peter Schultz |
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Visual effects |
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| Graphic design | Rune Brink Hansen |
| Colourist | Lasse Marcussen |
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Voiceover |
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| Voiceover | Nikolaj Coster-Waldau |
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Appearance |
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| Appearance | Al Gore |
| Appearance | Rob Wainwright |
| Appearance | Bill Clinton |
| Appearance | Connie Hedegaard |
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Watch the film
