2010/09/23

(BN) Estonia to Sell Emission Credits to Three Japanese Companies

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Estonia to Sell Emission Credits to Three Japanese Companies
2010-09-23 10:06:04.480 GMT


By Ott Ummelas
Sept. 23 (Bloomberg) -- Estonia approved selling 5.8
million United Nations emission credits to Japanese companies
Marubeni Corp., Mitsubishi Corp. and Sumitomo Corp.
The proceeds from selling so-called Assigned Amount Units
will be spent on improving energy efficiency in public sector
buildings, the government's press office in Tallinn said in an
e-mailed statement today. It gave no financial details.

For Related News and Information:
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Today's top power, energy news PTOP <GO>, ETOP <GO>
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Carbon market events calendar ECAL <GO>

--Editors: Mike Anderson, Rob Verdonck.

To contact the reporter on this story:
Ott Ummelas in Tallinn at +372-663-1128 or
oummelas@bloomberg.net;

To contact the editor responsible for this story:
Willy Morris at +44-20-7673-2254 or
wmorris@bloomberg.net