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Poland May Sell Kyoto Emissions Rights to World Bank This Year
2010-09-20 11:56:16.855 GMT
By Maciej Martewicz and Ewa Krukowska
Sept. 20 (Bloomberg) -- Poland is in talks with the World
Bank and Japan on the sale of emissions rights under the Kyoto
Protocol, Environment Minister Andrzej Kraszewski said today.
The central European country has so far signed deals to
sell Assigned Amount Units, known as AAUs, worth 80 million
euros ($105 million) and reaching the target of 150 million
euros this year is "realistic," Kraszewski told reporters in
Warsaw.
He also said any unilateral move by the European Union to a
deeper emission-reduction target would be "counter-
productive." The EU said it may toughen its emissions-cut goal
to 30 percent from the current 20 percent if other countries
make comparable efforts. The bloc's climate chief said the
conditions for a stricter goal have not been met.
For Related News and Information:
Emission market news NI ENVMARKET <GO>
Today's top energy stories ETOP <GO>
European power-markets home page EPWR <GO>
--Editors: Raj Rajendran, Randall Hackley.
To contact the reporter on this story:
Ewa Krukowska in Brussels at +32-474-620-243 or
ekrukowska@bloomberg.net
Maciej Martewicz in Warsaw at +48-22-433-4463 or
mmartewicz@bloomberg.net
To contact the editor responsible for this story:
Stephen Voss at +44-20-7073-3520 or
sev@bloomberg.net
