Nordics pave the way for green certificates
Norway has taken the first step towards setting up a joint market with Nordic neighbour Sweden for trading green certificates. The aim is to encourage the formation of a binding international system into which the bilateral scheme would be assimilated. Qualifying electricity generating plants on which construction started this year would be eligible to trade certificates "even if such a system had yet to be established", energy minister Einar Steensnæs said in a statement. See energy ministry press release.