Fortum buys emissions credits from Russia’s TGC-1
Mercredi, février 20th, 2008Reuters: Finnish utility Fortum (FUM1V.HE: Quote, Profile, Research) has signed a deal to buy more than 5 million carbon dioxide (CO2) emission credits from Russian electricity producer TGC-1 (TGKA.MM: Quote, Profile, Research), Fortum said on Wednesday. The market value of the credits — to be created under the Kyoto Protocol’s Joint Implementation (JI) scheme — is about 70 million euros ($103 million), making it the largest such deal in Russia, Fortum said in a statement. Fortum said …
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