Poland should use its carbon dioxide limits from previous years

Polish economy faces giant problem with too small rights to emit carbon dioxide in the years 2008-12. The European Commission allowed Poland to emit 208.5m tons annually, instead of 284.6m as requested. The government appealed at the European Court of Justice but the complaint will not be overviewed this year. Economy growth may be limited.
 
Poland has a solution but the government does nothing to make use of it. In the worldwide amount of limits, Poland has unused limits worth billions of euro. If the government sold them, it would spend the funds to invest in technologies reducing the emission of gases, including carbon dioxide. While implementing Kioto requirements in the years 1988-2004, Poland has managed to reduce carbon dioxide emission from 531m tons to 386.4m tons annually.
“That’s why we have 600m tons of rights to emit carbon dioxide in the years 2008-12 worth EUR 6 billion. We can sell it. It’s a frozen capital which will drop by EUR 1-1.5 billion annually”, Ryszard Pazdan, Atmoterm CEO.
Atmoterm focuses on environment engineering and consulting.
 
Ukraine is getting ready to sell its rights. It is implementing GIS, green investment scheme, enabling trade. Russian and Belarus may also sell their rights soon.
“GIS procedures prepared by the World Bank should have been implemented long ago in Poland. If we are the last ones again, we will lose”, Ryszard Pazdan stressed.
The parliament started to work over a bill of a suitable law in May but it will probably not manage to prepare them before earlier elections which will probably take place in fall.