Poland agreed to sell emissions permits assigned under the Kyoto Protocol to a Japanese buyer for 30 million euros ($41 million) to raise money for spending on schools and hospitals. The undisclosed number of permits were sold to a “Japanese partner representing the private sector,” the Warsaw-based ministry said today in a statement. The proceeds will be used to “modernize” 400 facilities such as schools, universities and hospitals, according to Jan Raczka, head of the National Fund for Environment Protection and Water Management.
Rad more:http://www.businessweek.com/news/2010-03-03/poland-sells-41-million-in-emission-credits-to-japan-update3-.html
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