An agreement signed Wednesday between Denmark and Estonia is the first step toward construction of a 13-turbine windmill park near the Estonian capital
Published:
17 December 2004 y., Friday
Environment Minister Connie Hedegaard formalized an agreement on Wednesday with Estonian colleague Villu Reiljan for Denmark's first purchase of CO2 credits in Estonia. The deal was signed at the UN climate conference in Buenos Aires.
Under the terms of the agreement, Denmark will erect 13 windmills with a total production capacity of more than 21 MW at a disused Soviet military base outside the Estonian capital, Tallinn. The Danish Ministry of Environment will be eligible to buy quotas worth some 400,000 tons of carbon dioxide from the project.
The clean wind energy will be used in place of electricity from Estonia's severely pollutant oil shale-fueled power plants. CO2 emissions saved from the power production process will be deducted from Denmark's total climate spreadsheet.
Šaltinis:
cphpost.dk
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
President Bush named Deputy Defense Secretary Paul Wolfowitz to head the World Bank yesterday
more »
BZ WBK and Kredyt Bank will most probably change their names later this year
more »
Speaking in Zagreb last Thursday, OTP Bank Rt President-CEO Sándor Csányi confirmed rumors that Hungary’s leading commercial bank is considering the acquisition of an as yet unspecified bank in Turkey
more »
The governments of the United States and Azerbaijan formally signed a work-plan defining the mission of the Banking Supervision Project on Thursday, at the National Bank of Azerbaijan
more »
The price on Azerbaijan’s oil has reached a record high of $54.48 a barrel in history
more »
Those who pay bills online are happier with their bank and its security, report says
more »
Knocking off four zeros from its bank notes, Romania's new leu will not spark inflation and will lead to the currency becoming convertible in the next two years
more »
The National Bank of Greece, a leading institution in the country, scans possibilities for an aggressive extension of its activities on the Balkans, namely in Bulgaria and Romania
more »
Bulgaria's financial group DZI has sold a 35% stake in two of its main companies to major foreign investors
more »
The prosecutor’s office in the Siberian city of Krasnoyarsk has instigated criminal proceedings against Yukos trading arm Yukos-M
more »