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Bulgaria Back in Carbon Trading in Autumn - Minister
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Bulgaria can be allowed into carbon emissions trading under the Kyoto Protocol in the autumn, the economy and energy minister has announced.
“Bulgaria will get back its accreditation for carbon emissions trading by the autumn – the colleagues from the Environment Ministry started to work on that issue long before the news broke,” Minister Traicho Traikov told journalists on Friday.
The United Nations' committee is expected to revoke the country's accreditation under the treaty, which will exclude Bulgarian companies from trading in greenhouse gas trading schemes, on June 30.
Earlier in the week Bulgaria's Environment Minister Nona Karadzhova said Bulgaria will be suspended from carbon emissions trading under the Kyoto Protocol if a United Nations' committee confirms its preliminary decision to revoke its accreditation under the treaty.
Speaking at a forum in Sofia Thursday, 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.
Under the Kyoto Protocol, Bulgaria agreed to reduce its CO2 emissions by 8% compared to their 1988 level and emit no more than 130 million tonnes of CO2 a year.
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The voice of Nature – Near a Mineral Spring – RUS1961 - DISCOUNTED PRICE
Brief: Houses for sale near Veliko Tarnovo
Area: 90 sq.m.
Price: 6800 EUR
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My Bulgaria Property - The HEAVEN of Developers - Ready to Build - Plot for sale in Regulation - RUS1590
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Brief: Houses for sale near Veliko Tarnovo
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Can you imagine - Invest in Bulgaria - RUS1249
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A place you hardly wait to possess - Bulgarian Properties - RUS1234
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Invest in the future - SLAND09
Brief: Land for sale near Balchik
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How deep is your love for nature? – RUS 1518
Brief: Houses for sale near Ruse
Area: 80 sq.m.
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