AAEA is an environmental organization founded in 1985 that is dedicated to protecting the environment, enhancing human, animal and plant ecologies, promoting the efficient use of natural resources, increasing African American participation in the environmental movement and promoting ownership of energy infrastructure and resources. We resolve environmental problems through the application of practical environmental solutions.
মঙ্গলবার, মে ০২, ২০০৬
Price For Carbon Dioxide Drops
The price for Kyoto Protocol carbon dioxide (CO2) emission credits has dropped from $38 to $17 per ton this year, but it is still very early in the Emissions Trading System of the European Union. Firms operating under the protocol will ultimately have to pay $50 per ton through 2007 and $125 per ton in 2008 for not meeting their emissions targets. Companies reducing emissions beyond their quota can sell credits and those exceeding their quoto must purchase credits. Polluting less has caused the price to fall. Hopefully speculation will not lead to credits being overly used instead of companies performing efficiency retrofits and innovative practices.
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