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Emissions trading: companies to receive certificates
The second phase of emissions trading, scheduled to run from 2008 to 2012, is beginning: as of now, certificates for 2008 are available to companies. ”The pressure to act on implementing more climate protection measures is mounting inasmuch as operators of inefficient lignite power stations will in some cases receive up to 50 per cent fewer certificates,” says Dr. Thomas Holzmann, Vice President of the Federal Environment Agency (UBA). As of now, the certificates for 2008 are available in the accounts held in the emissions trading register. Technical coordination with the worldwide trading system developed under the terms of the Kyoto Protocol means that emissions trading is also now possible with states beyond Europe’s borders. read more
