Poland Argues for More Imported Carbon Credits Under Green Drive

Poland is pushing the European Union to allow bigger imports of cheaper international carbon credits under a proposed 90% emissions reduction target for 2040, arguing that currently projected levels won’t be enough to avoid price shocks.

Warsaw wants to increase the limit for credits to 10% of the bloc’s baseline net emissions in 1990, compared with the 3% proposed by the European Commission, according to a document shared with other member states and seen by Bloomberg News. The credits should be accepted from 2031, five years earlier than offered by the EU, for use both within the bloc’s carbon market and in sectors outside.