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Report: Selection Process in Emission Quotas Sale Was Unprofessional
Thursday 10 December 2009 Zoom in | Print page
Bratislava, December 10 (TASR) - The selection process of the contractual party on the sale of emission quotas as well as the talks with potential partners and Interblue Group (IG) was not handled in a professional way, according to the Report on The Sale of Emission Quotas drafted by the Environment Ministry and submitted to Parliament on Thursday.
The report adds that the sale possibly damaged the international reputation of Slovakia.
A total of 75 out of 77 MPs voted in favour of accepting the report, a motion which has succeeded in its third attempt – as Parliament lacked a quorum during the first two votes.
During the tenure of former minister Jan Chrbet (SNS), the Environment Ministry argued that the emission quotas needed to be sold last year or they would expire. According to the report, however, these statements are of no substance at all. Likewise, the firmly-fixed purchase price until 2010 lacks any justification.
The report also says that the contract provides insufficient guarantees to Slovakia as seller of the surplus emission quotas. "In terms of the scope of the mutual rights and obligations for contractual parties the contract is unbalanced, one-sidedly favouring the buyer," claims the report.
Thereby, the Environment Ministry is recommending that the sale of emission quotas in 2009-2012 continue with a new contract or under different business conditions.
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