Romania loses billions of euro for not selling the surplus of CO2 certificates -
 Home Page  | News  | Exchange Rates  | Interbank Rates  | Central Banks  | Capital Markets Authorities  | Romanian Banks  | Archive  | Romanian  
 Finance-Banks  | Economy  | Business  | Capital Markets  | Real Estate  | Cars  | Travel  | HR Careers Education  | Media  | IT & C  | Environment 

News » June, 2011 » 29 June 2011

Romania loses billions of euro for not selling the surplus of CO2 certificates
29.06.2011, 16:57 | Environment | 1176 views

Romania owns a surplus of 300 millions of CO2 certificates that were of great value three years ago when Romania could have easily obtained 3 billion euro if sold then. Meanwhile, they lost their value and the state could only get 1.2 billion euro. However, the government did not manage to sell the certificates as the necessary legislation was adopted last year only. A year after its adoption, the government realized that the legislation needs to be changed.

The excuse of the authorities was that it lacked experience regarding procedural aspects. tried to obtain some information from the Economy ministry related to the status of the certificates but the answers have nothing to do with the subject at hand. The deadline for selling the CO2 certificates is 2012.


Latest news in category Environment

15.12.2011, ora 19:23 | 1325 vizualizări
Romanian Parliament Adopts New Bill On Car Pollution Tax
The Romanian Chamber of Deputies on Thursday adopted a bill on the car pollution tax, which amends the first registration tax criticized by the Court of Justice of the European Union. read more...

Romania on Thursday received a reasoned opinion from the European Commission, the second stage of an infringement procedure over the country’s failure to transpose EU rules on waste management into national legislation. read more...

Romania will apply the car pollution tax currently in effect until 2013, Environment Minister Laszlo Borbely said Wednesday at a conference organized by the Foreign Affairs Ministry. read more...

Subscribe to newsletter
News: Yes  No 
Exchange Rates: Yes  No 

Top news last 7 days

Publicitate pe acest site
Copyright 1999-2022 Pandora Impex SRL.