The Czech government cut the carbon dioxide emissions limit by 9% to win EU approval. The new proposal calls for a limit of 97.6 million tons of emissions a year in 2005 through 2007, which is a compromise between the Czech proposal of 107.7 million tons and the EU’s 90 million tons. The new plan should be formally approved by the EC today. CEZ told us that the proposed limit should meet the company’s needs.
The deputy PM for economy, Martin Jahn, said that the compromise should allow Czech energy and industry to grow as planned.