Money from trade in extra carbon dioxide allowances to be used to curb greenhouse effects

The Romanian Government will use the money derived from the sales of carbon dioxide allowances to develop projects that will curb greenhouse gas effects, reads an emergency ordinance concerning the capitalisation on the extra quantity units awarded to Romanian under the Kyoto Protocol.The ordinance, approved by the Government on March 31, says the sales of carbon dioxide allowances is a source for raising money to fund environmental projects that are urgent and necessary to the ...

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