Friday, October 29, 2010

Lithuania’s power giant favors free CO2 permits after 2012 | GlobalPost
Lithuania’s biggest power producer, Lietuvos Elektrine AB, said the government should use the option of applying for free permits for utilities in the next phase of the European Union carbon market from 2013, Baltic Business News cited Bloomberg.
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An eastern European decision to auction more permits than required would bolster government revenue while raising the threat of an unlevel playing field in the region.

1 comment:

gofer said...

"An eastern European decision to auction more permits than required would bolster government revenue..." AH, the real reason somes out...MORE REVENUE!