Slovakia will eventually sell only 7 million tons or units of its greenhouse-emission quota in CO2 to Spain, instead of the entire volume of 27 million units that it has available. The government approved this on Wednesday, giving the Environment Minister Peter Žiga the green light to sign a contract in this reading, the Hospodárske and SME dailies announced. The Minister stated that he didn't know the exact reasons behind this decision.
The finances gained from this sale should be used to buy hybrid-engine buses and provide insulation in public buildings and flats. The selling price for the emission quota has not been made public yet. Slovakia has had its fair share of scandal with selling emission quotas in 2008 during the first government of Robert Fico. The Environment Ministry then sold the quotas at a very low price to a no name company which then went on to sell them for a much higher price.
