Sat, Nov 21 2009

EU countries agree on carbon emissions deal

Fri, Oct 30 2009 16:44 CET byThe Sofia Echo Staff 1337 Views 2 Comments
EU countries agree on carbon emissions deal

Photo: Nadezhda Chipeva

European Union leaders have reached a compromise on the EU's joint position ahead of the UN Climate Change Conference in Copenhagen in December 2009, Bulgarian-language Dnevnik daily said on October 30 2009.

Bulgaria was among the nine Eastern European countries that managed to negotiate better terms for themselves in the joint EU position on providing financial aid to developing countries on carbon emissions.

The share of every EU member state will now be calculated based on its GDP, its financial state and the number of its carbon emissions, Dnevnik said.

According to Prime Minister Boiko Borissov, Bulgaria would save between 40 to 50 million euro annually from the deal.

"The decision guarantees that we will not be donors to countries such as China, India, Brazil and Russia," Borissov was quoted as saying by Dnevnik.

The actual amount of every EU member payment will be negotiated in the next couple of weeks by a working group.

Tags:
Copenhagen , Greenhouse gasses

Comments

Anonymous 1 Sat, Oct 31 2009 16:25 CET

This comment has been removed by the moderator because it contained commercial spam or excessive repeated posting of the same content.

Anonymous 1 Sat, Oct 31 2009 16:24 CET
Inappropriate comment?

Браво - а ние ще плащаме.

Write comment

Name:Comment:

Generate new code
Send your comment

More in this category

Seventy per cent of Bulgarian smokers wanted to quit, survey says

Bulgaria ranks third in the world in terms of smoking, after Japan and Greece.

Globul, Germanos turn in 2182kg of phone parts for recycling

Globul Green as an initiative attempts to promote and initiate not only increased environmental awareness among the Bulgarian population, but also to reduce its own carbon footprint. The company has saved over 34 068kg of paper, or the equivalent of 800 trees saved

Resort village construction planned in Karadere nature reserve

Previously, the Madara Bulgarian Property Fund, listed at the London Stock Exchange wanted to to build a resort village with 15 000 capacity spanning the entire bay area. The controversial building project contemplated to be directly on the shore was eventually frozen indefinitely in light of the global economic downturn.

Bulgaria to oppose EU proposal for reduced turbot quotas

Bulgaria's Agriculture and Food Ministry said that it would not support the proposed reduction of turbot quotas for 2010, saying reductions would harm local industry.

Peugeot iOn to be launched in Bulgaria at end-2010

Along with the rest of Europe, Bulgaria will see the all-electric Peugeot iOn appear in December 2010, Bulgarian Peugeot dealer said.

© 2000-2009, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.