Hungary to submit emissions credits scheme for 2008-2012 by final deadline

EU

Hungary will submit its plan for the allocation of carbon emissions quotas in 2008-2012 to Brussels by January 19, the final deadline set by the European Commission, Environmental Minister Miklós Persányi said in Brussels late on Monday, a little less than a week after the Commission cited Hungary for having missed the June 30 deadline.

The European Commission said on December 12 that it had decided to send final written warnings to Hungary and three other member states that they will face action by the European Court unless they submit national allocation plans for the second trading period of the EU Emissions Trading Scheme from 2008 to 2012.

Persányi said Hungary's submission had been delayed because it did not wish to make the same mistakes it made in the allocation plan for the first period of the trading scheme. He added that more than 260 companies had to be consulted on the matter. (Mti-Eco)

ADVERTISEMENT

17% of homeowners plan renovations this year Analysis

17% of homeowners plan renovations this year

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.