OREANDA-NEWS. August 02, 2010. National Environmental Investment Agency defended the position of Ukraine at the international level on issue of judicial sale of assigned amount units. The Chairman of the National Agency Sergei Orlenko said that at the briefing.

Sergei Orlenko noted that at the beginning of his work at the agency he faced charges of legal action for 19 million of assigned amount units and 185 million USD as compensation for failure to perform under the joint implementation of projects by the Cyprus company Naftrak LTD. "This company put forward a request to sell 19 million AAU belonging to Ukraine ... After reviewing the court decided in favor of Ukraine" - the Head of the agency said and added that the hearing took place in the Hague Court of Arbitration.

Sergei Orlenko noted that this court decision helps balance the green investment market and greenhouse quotas and is barring the hot air trade.

He also noted that similar work is to cancel some of the decisions of previous governments to sell quotas for greenhouse gas emissions by businesses. In particular, the decision to sell the AAU to the Tavhaki International company, registered in New Zealand, but the New Zealand government did not confirm its eligibility to purchase quota. "This decision will soon be abolished because it does not meet the Kyoto protocol, and taking into account that it makes part of the Ukrainian legislation, is the part of the legislation of Ukraine. "