EU Nations Consider Recognizing Palestinian Statehood
Spain, Ireland, and other EU nations are intending to acknowledge Palestine's statehood on May 21, as stated by Josep Borrell, the EU's top diplomat for foreign and security policy
The Bulgarian Environment Ministry has advised businesses to avoid the upcoming ban on carbon trading by recording their surplus for 2009 in the register of another European country.
According to the Ministry, by transferring the carbon dioxide surplus from allowances in last year’s European register, companies could trade the quotas, after the ban is imposed on 30 June. They however warned that accounting for the quotas if they are not sold will be impossible.
If the businesses manage to transfer their quotas it could provide between EUR 60-80 M for the Bulgarian economy.
The United Nations is going to prohibit Bulgaria from trading with greenhouse gas quotas, Environment Minister Nona Karadzhova revealed on May 13.
Speaking at a forum in Sofia, Karadzhova said a UN report under the Framework Convention on Climate Change has exposed “devastating” flaws of Bulgaria’s National System for Evaluation of the Greenhouse Gas Emissions.
The Environment Minister blamed the problems on the inactivity on part of her predecessor, Dzhevdet Chakarov.
She said the draft decision of the UN to ban Bulgaria from carbon trading will most likely be confirmed on June 30, 2010. Bulgaria is entitled to ask for a new permission for carbon trading accreditation in mid September at the earliest, and might receive it as early as November 2010, if the respective issues have been rectified by then.
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During a briefing at the Ministry of Energy, it was revealed that Bulgargaz intends to pursue legal action against Gazprom Export, seeking damages amounting to BGN 400 million
"Toplofikatsia Sofia," the capital's heating supply company, has proposed a significant reduction in the price of thermal energy starting from July 1st
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
Bulgargaz, the leading public gas supplier in Bulgaria, anticipates a notable decrease in the price of natural gas for the upcoming month of May. According to Lyudmila Vitanova
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU