Czech plan gives CEZ 34.3 mln CO2 credits

31.05.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

The Czech Republic's carbon dioxide national allocation plan gives CEZ credits to release 34.3 million tonnes of the greenhouse gas per...

...year in the 2008-2012 period, a source acquainted with the allocation plan said.

The allocation is in line with power company CEZ's actual 2006 emissions but below 36.9 million in permits that CEZ was allocated per year in 2005-2007.

The European Commission cut back the annual allocation for the Czech Republic to 86.8 million tonnes per year for the 2008-2012 period from the 101.9 million Prague had demanded and the 97.6 million awarded per year in 2005-2007.

The Environment Ministry is due to release allocations for individual firms later on Thursday.

[PRAGUE/Reuters/Finance.cz]

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