Climate change policy

"I can state unequivocally that there will be no change in the price of heating energy for the consumers of heating energy as of January 1, 2017," announced the chairman of the Energy and Water Regulatory Commission (KEVR) Ivan Ivanov, reported BGNES.

Consumers entitled to a heating oil allowance will have to wait until February before they receive it, the Finance Ministry has said.

Officials have decided to change the eligibility criteria causing delays in benefit distribution.

Canada will shutter its coal-fired power plants by 2030 as part of its strategy to cut greenhouse gas emission under the Paris climate accord, Environment Minister Catherine McKenna announced on Nov. 21.

Fears that U.S. President-elect Donald Trump will pull out of the 2015 Paris Agreement to limit global warming pushed almost 200 nations at climate talks in Morocco on Nov. 17 to declare action an "urgent duty." 

The Paris Agreement to combat climate change became international law on Nov. 4, putting pressure on countries to take action to slash greenhouse gas emissions and limit global warming. 

This action comes after record-fast ratification by nations reassembling next week for a fresh round of U.N. climate talks. 

The Paris Environmental Agreement entered into force officially on Friday, reported Reuters, cited by BTA.

This will put pressure on nearly 200 countries to start reducing greenhouse gases emissions.

The agreement is aimed at keeping the increase in global average temperature to well below 2°C above pre-industrial levels.

As she explains, the Energy Union is one of the top priorities of this Commission which will help decrease energy imports, diversify our energy sources, tackle energy poverty and cut emissions.

The Ministry of Environment and Water (MOSV) is launching a BGN 3.5 M scheme aimed at municipalities for the development of mineral springs on their territory, stated Environment Minister Ivelina Vasileva.

The funds for the project have been secured from early trading with greenhouse gas emissions.

Nearly 200 nations have accepted a deal for the reduction of greenhouse gases used in refrigerators and air-conditioners, reported Reuters.

The Energy Ministry will indirectly force electricity consumers to foot the bill for the deficit of RES (renewable energy source) companies.

An amendment tabled in Parliament on Thursday to a bill on the Civil Aviation Authority provides for additional state revenues from power suppliers amounting to 45 million euros next year to go toward the coverage of the RES firms' deficit.