Armenia starts selling quotas in the framework of Kyoto Protocol
01/13/2006
Regnum
Armenia is the first country in the CIS that began to sell quotas on greenhouse gas emission in atmosphere in the framework of Kyoto Protocol. The first document was signed by Lusakert battery farm, the Environment Protection Ministry and UN Validator.
[...]
The battery farm agreed to sell quotas to Denmark that agreed to build in Lusakert excrement processing and bio-gas production plant (Lusakert Biogaz Plant), and also a factory of ecologically clean fertilizers. The Norwegian government will also participate in this project.
[...]
By preliminary estimation, by selling these quotas Armenia will annually receive $1.6 million.
Note: Above are excerpts from the article. The full article appears here. Clarifications and comments by me are contained in {}. Deletions are marked by [...]. The bold emphasis is mine.
Regnum
Armenia is the first country in the CIS that began to sell quotas on greenhouse gas emission in atmosphere in the framework of Kyoto Protocol. The first document was signed by Lusakert battery farm, the Environment Protection Ministry and UN Validator.
[...]
The battery farm agreed to sell quotas to Denmark that agreed to build in Lusakert excrement processing and bio-gas production plant (Lusakert Biogaz Plant), and also a factory of ecologically clean fertilizers. The Norwegian government will also participate in this project.
[...]
By preliminary estimation, by selling these quotas Armenia will annually receive $1.6 million.
Note: Above are excerpts from the article. The full article appears here. Clarifications and comments by me are contained in {}. Deletions are marked by [...]. The bold emphasis is mine.
posted by Vahe Balabanian at 7:14 AM
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