The First Place Fossil is awarded to Poland. Back home in Poland, Environment Minister Korolec, revealed the country's position on the Doha talks - claiming the carryover of AAU credits is NOT a priority issue, but that the length of the second commitment period and the obligations contained in the Kyoto Protocol are. We should remind the minister that carryover of AAUs influences the level of ambition in CP2.
Moreover, Poland does not want to give up even one tonne of their huge surplus of AAU emission allowances to contribute to the environmental integrity. Why? Warsaw believes their AAU surplus is a strictly national issue. Hello…!! Carbon emissions know no national borders and the issue is a key element of the CP2 negotiations!
The Second Place Fossil of the Day goes to Russia. The Russian vice Prime Minister confirmed on Wednesday following ministerial talks that the country will not sign on to the Second Commitment Period of the Kyoto Protocol. Next week, Russia will announce its emissions reduction targets, but they will not be attributed to the Second Commitment Period, which Russia strongly opposes. This also means that Russia will lose the chance to take part in JI (Joint Implementation) projects in the future, something that the country was striving to be involved with. This will have a negative effect on both the economy and low-carbon development in Russia.