The European Commission slashed Poland’s proposed limit on carbon dioxide (CO2) emission permits for 2008-2012 by more than a quarter on Monday, setting up a battle with Warsaw over its plan to fight climate change.

The European Union executive also cut the Czech Republic’s proposed cap by 14.8 percent, while it accepted the emissions limits proposed by France.

COPENHAGEN – Completion of European deals to trade carbon credits under the Kyoto Protocol will have to wait several more months as countries do not yet have UN approval to trade, a European Commission official said on Wednesday.