Environmental policy

The carbon border tax bill that the European Commission will propose by mid-2021 to regulate the carbon footprint of imported goods may affect multiple industrial fields in Turkey, the European Bank for Reconstruction and Development (EBRD) said in a statement on April 21.

France launched yet another initiative, aimed at curbing carbon emissions. Under new amendments in legislation all domestic flights that could be substituted by train travel for under two and a half hour routes will be permanently suspended, Reuters reported. The move is the last in a series of actions targeted to lower green house gases.

 In recent months, the price of carbon dioxide (CO2) emissions has increased significantly and is already above the forecast of the Bulgarian Energy and Water Regulatory Commission (EWRC), according to a published report.

They claim it is to reduce carbon emissions and increase slaughter-free products

European Union leaders have agreed to more aggressive cuts in greenhouse gas emissions over the next decade, one year after launching a Green Deal that led the way for other major economies to raise their climate ambitions.

UK will completely stop releasing greenhouse gases by 2050, the BBC said.

The goal is set in a new government program to combat climate change and the objectives set will be tantamount to a law. Britain is the first major nation to propose this target

The International Monetary Fund (IMF) has called for the introduction of a global tax on carbon dioxide to combat climate change.

The Council today adopted a regulation on greenhouse gas emission reductions. The regulation sets out binding emission reduction targets for member states in sectors falling outside the scope of the EU emissions trading system for the period 2021-2030.

The European Commission has proposed that the exhaust fumes of all new passenger cars and minibuses in the EU be 30 percent lower in 2030 compared to 2021, the EC press service said. The share of the EU in global sales of new passenger cars has fallen from 34 per cent before the financial crisis (2008-2009) to 20 per cent to date.

Reliable and transparent monitoring and emissions reporting are "step one" for an emerging carbon market, European Union Policy Director at International Emissions Trading Association Sarah Deblock said as she discussed the country's road map in energy transition within COP21 objectives.