The EU CO2 tariff continues to provoke major operational questions among the business community, even though companies are now subject to official reporting obligations, writes Euractiv. On October 1, 2023, the world's first climate import duty, the Carbon Boundary Adjustment Mechanism (CBAM), came into force. The scheme will impose duty on…
A curious project is successfully developing in the Baltic Sea - production of fresh seafood in remote wind farms deep in the water, reports Euronews. Managed by Swedish state-owned energy firm Vattenfall and Denmark's Aarhus University, the project was launched in 2023 off the Danish east coast at Scandinavia's largest wind farm, Kriegers Flak. With the first…
Securing the funding needed to avert the worst impacts of the climate crisis will be a very serious hurdle. The recognition came from the United Nations after two vital international conferences failed to make the progress needed to generate funds for poor countries, reports the Guardian. Until the UN climate summit COP29 in Azerbaijan…
Nuclear energy in Bulgaria is part of the economic and national security of the country. This was said by the Acting Minister of Energy Vladimir Malinov, quoted by BTA. According to the minister, this will be a leading priority in the work of the current caretaker government. Malinov hopes that this will be a priority for every subsequent government as well - to ensure that...
A forecast dry spell in the Black Sea region is likely to hamper sunflower and corn yields, while heavy rains in the US following near-record temperatures threaten to damage crops, reducing global supplies and raising prices, Euractiv reports. “The weather forecast for the Black Sea region comes with a huge red flag. Expectations for July…
After the announcement of the Green Pact and the adoption of the "Clean Energy for All Europeans" Package, setting higher targets for reducing carbon emissions, for increasing the share of RES and for achieving higher energy efficiency, the member states of the European Union had to to prepare national integrated energy and climate plans. The Ministry of Energy published on June 13…
Nuclear energy in Bulgaria is part of the economic and national security of the country."
Using dead leaves instead of healthy trees to produce paper – this is the idea behind the Ukrainian startup Releaf Paper, reports Euronews. While still at school, founder Valentin Frechka used his passion for biochemistry to find new ways to produce cellulose, the key ingredient in paper. After a failed experiment with grass and straw…
The Romanian government has approved a decree amending the Mining Code to facilitate the reopening of non-energy mining operations, Economy Minister Radu Oprea said, quoted by Euractiv. The regulation includes the potential for the exploitation of critical materials in Romanian legislation, with a surge in demand for rare earth elements expected in the coming years.…
Petya Nestorova is the executive secretary of the Convention against Trafficking in Human Beings of the Council of Europe. In the ESGnews.bg website podcast "Our planet is important", she explained in detail what the trends are when it comes to Bulgaria and human trafficking, as well as how business can counteract this serious problem. What is she like…
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