Bulgaria can earn USD 1 billion from sales of emissions allowances

Bulgaria can earn around USD 1 billion by selling its surplus quota for carbon dioxide. This was announced by Minister of Environment and Water Nona Karadjova before Darik radio.

Bulgaria is better than its obligations to reduce emissions mainly due to the large number of enterprises in our country have stopped, she added. Among the factors are also efforts to achieve energy efficiency.
Overfulfilled are their duties and demand savings allowance to be transferred for the period after 2012, even if it is 100%, be at least 80 percent of revenue or sales quotas to be used for environmental projects, energy efficiency, rehabilitation of buildings completed Karadjova.

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Finance