Tax probe in to Emissions Trading - arrests made

Germany’s probe into possible tax evasion linked to trading of emissions allowances has led to law enforcement action in at least nine other European countries, including arrests in the U.K.
Link to Bloomberg article

Could this result in more wide sweeping changes to the way VAT is treated; perhaps similar to the recent developments in Norway for domestically traded emission allowances?

Gazprom losing ground

A very interesting analysis of an FT article written recently about Gazprom’s apparent drop from the “untouchable” status they’ve held in Russia as well as some of their gas woes.

Gazprom Running Out of Gas | Seeking Alpha