Greenhouse gas

The world is on course to miss its "best chance" of preventing runaway climate change by ensuring global greenhouse gas emissions peak in 2020, researchers warned Tuesday, reports AFP. 

Households' electricity rates may be about to rise again. According to Energy Minister Giorgos Stathakis, the major increase in the price of carbon emissions places a great burden on Public Power Corporation (PPC) that needs to be shared.

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.

Professionals and low-to-medium-voltage industries are the first categories of electricity consumers to be hit with power rate hikes due to the increase in carbon emission rights prices.

Investors interested in checking the financial data of the Public Power Corporation plants at Meliti and Megalopoli that are up for sale will have two months at their disposal.

However, it is common knowledge that the visit to the data rooms is not going to lead to any significant changes to the original estimate about a negative to very-high-risk investment.

According to sources, Public Power Corporation's governing board has paved the way for the entry of more investors in the tender for the sale of the Megalopoli and Florina lignite plants via setting up consortiums with the six short-listed bidders.

The Council today adopted a regulation establishing a framework for the inclusion of greenhouse gas emissions and removals from land use, land use change and forestry (LULUCF) in the 2030 climate and energy framework.

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.

California has become the first U.S. state to require solar panels on all new residential buildings as part of efforts to cut greenhouse gas emissions.

Bulgaria ranks third in increase of harmful emission in the EU in 2017 according to data provided by Eurostat for the previous year, quoted by bTV. For the past year, the increase in Bulgaria was 8.3%, with Estonia (11.3%) and Malta (12.8%) was worse. After us, in growth of harmful emissions is Spain (7.4%) and Portugal (7.3%).