miercuri, 30 septembrie 2009

13:42 30Sep09 RTRS-Czechs sell 20 mln CO2 credits to Japan's Mitsui

13:42 30Sep09 RTRS-Czechs sell 20 mln CO2 credits to Japan's Mitsui
PRAGUE, Sept 30 (Reuters) - The Czech Republic has agreed to sell 20 million tonnes of surplus greenhouse gas emissions rights to Japanese firm Mitsui & Co. , and the country is in talks to make further deals, Czech officials said.
The sale is on top of the 40 million tonnes of credits the Czech government agreed to sell to Japan in March in a government-to-government deal.
The Czech environment ministry did not disclose financial details of the deal to sell the so-called Assigned Amount Units (AAUs), which can be used by governments to meet emissions targets under Kyoto.
"At the same time we also negotiate about a sale of AAU units with the parties concerned from other states and private companies," said Jan Dusik, first deputy at the Ministry for Environment, said in a statement on Tuesday.
In July, a Czech government official said the country expected to sell most of its 100 million tonnes of surplus emissions rights this year to European Union governments and private companies.
Critics call AAUs "hot air" on grounds most were generated through restructuring in eastern Europe in the 1990s, when polluting industries in ex-communist countries were shutting anyway, rather than by new investment in clean energy.
CERs, the benchmark for AAUs,

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