Environment Energy Mining Watch SEE|News|Taxation of carbon dioxide emissions soon to happen in Bosnia as well

Taxation of carbon dioxide emissions soon to happen in Bosnia as well

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Block 7 of TPP Tuzla will be financed by a loan from the Chinese Import and Export Bank (CEXIM) in the amount of 641 million euros. The guarantee for the loan, with the opposition of the Energy Community, was given by the House of Representatives of the Parliament of the Federation of BiH last year.

BiH will probably have to start taxing carbon dioxide emissions very soon, said the director of the Secretariat of the Energy Community, Janez Kopac. In an interview with Radio Free Europe, he said that the fact that the Federation of BiH continues to build Block 7 of the Tuzla Thermal Power Plant, despite opposition from the Energy Community, of which BiH is a member, is the biggest sanction for BiH and proof that it does not respect the rules of the international organization. joined, and wants to join the European Union. This, he adds, is not the first non-compliance with the rules of the Energy Community by Bosnia and Herzegovina.

“You have taken the risk, in the Federation. Now you have to live with it,” Kopac said, reports the Indicator portal.

Kopac says that during November, the Energy Community will hold a hearing on the report against BiH for violating the legal order of the Energy Community for giving a state guarantee for the construction of Block 7. “I think that the Council of Ministers will support our proposal.” “Another session of the Attorney General’s Office is our body called the Advisory Board. Both sides, the Secretariat and BiH, must face it once again,” he said, adding that the Council of Ministers should be held on November 27, but because of COVID to be moved two or three weeks.

When asked what is disputable for the Energy Community regarding the construction of Block 7, Kopač answered that the legally-formally disputable state guarantee was issued in the amount of one hundred percent of the investment, and since Elektroprivreda BiH is a market company, the guarantee should be up to a maximum of 80 percent of the investment. He added that today no one builds coal-fired power plants anymore.

“I think this will be the last in the whole of Europe, from the Atlantic to the Urals, because it doesn’t pay off, because the construction of new facilities on renewable energy sources, on sun and wind, is cheaper than existing coal-fired power plants, let alone new ones. to have built-in anti-emission filters “. In addition, according to him, BiH will have to start taxing carbon dioxide emissions, probably very soon. In the European Union, it is about 25 euros per ton, which means approximately 25 euros per MWh.

“The current price of electricity, if we include the price of carbon dioxide, would be so high that many would find it difficult to survive. That is what awaits BiH. Then that investment will prove to be very, very questionable economically. But it is not up to us. on those who will pay for it, that is, on the citizens of the Federation of BiH “, said Kopac.

Source: b92.net

 

 

 

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