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Poland Approves Final CO2 Emissions Plan |
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| POLAND: December 29, 2005 | ||
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WARSAW - Poland has approved final limits for carbon dioxide (CO2) emissions which it hopes will open the door for its plants to join the European Union's trading scheme early next year, the environment ministry said on Wednesday.
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The cabinet on Wednesday rubber-stamped a three-year plan with an annual emissions limits of 239.1 million tonnes -- in line with a revised plan drawn up six months ago. The EU scheme sets national limits on how much CO2 industrial plans can emit and allows them to buy or sell extra allowances if they overshoot or come below targets. Poland's plan is one of the four largest in the 25-nation bloc and covers more than 1,100 installations. EU decisions prompting Warsaw to reduce its national limit from initial proposals have moved the European secondary market in emissions. "Polish firms will now be able to start trading in emissions once a register for the firms has been set up and plants issued with permits," an official from the Environmental Ministry told Reuters, asking not to be named. "We should pick a (company to implement a) register in early January. The rest should be formalities and we want the firms to be able to start trading as soon as possible," she added, while declining to say exactly when trading would start. Poland already meets its emissions targets under the Kyoto treaty due to a slump in heavy industrial production and its national plan effectively projects future pollution levels to allow companies to grow in coming years.
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REUTERS NEWS SERVICE
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