Climate change policy

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.

The landmark Paris agreement on climate change will enter into force on Nov. 4, after a coalition of the world's largest polluters and small island nations threatened by rising seas pushed it past a key threshold on Oct. 5.

India, the world's third biggest carbon emitter, was set to ratify the Paris agreement on climate change on Oct. 2 on the birthday of the country's famously ascetic independence leader Mahatma Gandhi.

India, with a population of 1.3 billion people, is the latest big polluter to formally sign onto the historic accord which now takes a major step towards becoming reality.

The sectors of industry and power production were satisfied on Thursday with the reduction of the special consumption tax on natural gas for industrial use and the complete abolition of the fuel's use for electricity production, according to the multi-bill expected to pass into law this Sunday.