Climate change policy

PPC results lead to power rate hike

Shrinking turnover, a drop in operating profits and growing losses are the takeaways in the nine-month financial results published by Public Power Corporation on Thursday, a result of the contraction of the utility's market share and pressure from external factors such as electricity auctions, the system marginal price and the cost of carbon dioxide emissions, which has quadrupled since 2017.

"27 percent of energy to be from renewable sources by 2020"

And our goal is to be using 27 percent of renewable energy by 2020, Antic said on Monday, Beta agency reported.

He told the Energy and Climate Change conference, organized by the Serbian Academy of Arts and Sciences, that Serbia's contribution to the fight against climate change should be strong, but sustainable in terms of economic capacity.

World Leaders Gather to Breathe New Life into Paris Accord

AFP - World leaders gathered in New York on Wednesday to try to breathe new life into the Paris global climate accord, amid backsliding from several nations over commitments made in the historic deal.

The "One Planet Summit," launched last year by French President Emmanuel Macron, aims to accelerate the implementation of the 2015 pact.