East European States To Get 10% Of Costs For Carbon Emission Permits - Romanian PM

 

Tariceanu participated in a meeting on the topic of energy and the economic crisis, attended by the Prime Ministers of Bulgaria, Poland, the Czech Republic, Hungary, Slovakia, Latvia, Lithuania, Estonia, and the president of the European Council, French President Nicolas Sarkozy.

The more developed countries and the countries that have a weaker economy might reach a compromise, through a solution observing the “principle of European solidarity", Tariceanu said after the meeting.

“Based on this solidarity principle, a 10% volume of the value of the carbon dioxide emission permits will be granted to our countries. We are trying to obtain more. The compromise proposed by the French presidency of the EU aims at setting a horizon for the year 2016, when we might talk of certain parameters of the tendency to cut down emissions via a safeguard clause,” Tariceanu said.

“An adjustment clause is foreseen, in case the sums going to the European Union budget based on these permits will not allow sufficient recompense to our countries. Then additional sources need to be found,” he added.

Talks on the matter will continue on experts’ level, Tariceanu said. He expressed hope all 27 member states will reach an agreement at the European Council meeting in December.

“I hope countries like Germany and the United Kingdom will accept the fair solution that pleases everyone,” Tariceanu said.

France proposed in a draft that energy producers in Eastern Europe pay between 2013 and 2016 up to 50% of the carbon emission permits received by 2013. According to the draft, the European Commission may intervene in the evolution of the carbon permits' price, if they are three times higher than the last six months' average cost. 

 

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