Poland satisfied with EU climate deal

Poland has managed to retain its quota of free CO2 emission allowances until 2030. Poland?s 40 percent free emission quota was originally meant to expire in 2019.

EU leaders decided at the summit on an at least 40 percent reduction goal for carbon emissions by 2030, to be carried out in the bloc as a whole. At the same time, poorer countries such as Poland were allowed to retain their free emission quota.

Another decision was the establishment of a reserve fund created with 2 percent of allowances, intended to support energy efficiency in less energy-developed countries. Poland will get 50 percent of that reserve.

Prime Minister Ewa Kopacz has expressed satisfaction about the compromise achieved at the EU climate summit, which took place in Brussels on Thursday and Friday.

www.wbj.pl

Arkiv