2009-10-28
Poland to Sign CO2 Deal with Spain, Ireland. By Risa Maeda, Reuters, October 26, 2009. "Poland will soon sign a deal to sell a total 40 million euros ($60 million) of surplus greenhouse gas emission rights to Spain and Ireland, the country's first such government-to-government deal under the Kyoto Protocol, its environment minister said. Under the Kyoto Protocol, signatory nations that are comfortably below their emissions targets can sell their surpluses in the form of credits, called Assigned Amount Units (AAUs), to governments and companies that are short of their goals... The Japanese government has already settled deals to buy AAUs from Ukraine, the Czech Republic and Latvia."
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