Germany to issue 451.9 mn CO, permits annually from 2008
Germany said it would issue 451.9 million tonne say ear of carbon-dioxide pollution certificates from 2008 to 2 012, 0.3%fewer than allowed by the European Commission. Germany cut its planned emission cap because new power plants will need fewer free C02 permits than previously expected, the DEHST emissions trading unit of the environment ministry said on its website. Germany earlier set aside 11 million tonnes of C02 a year for new power plants and factories, yet permits foronly9.79milliontonnesareneeded. German utilities and energy-intensive industries want installation-level allocations of permits as they prepare for the second phase of the EU's climate control programmed. Some 1,625power plants and factories, new and in operation, will get388.86 million tones of free permitseveryyearthrough2012 according to the plan.