BULGARIA FACES INTERNATIONAL CARBON TRADING SUSPENSION
May 1st, 2010
BY KEITH NUTHALL
BULGARIA is to likely be suspended from international carbon emissions trading under the Kyoto Protocol because of poor financial controls. A UN Framework Convention on Climate Change committee is expected to prevent Bulgarian trading from June to at least November, the Bulgarian environment minister has admitted. This would also restrict Bulgarian participation in the European emissions trading system. Minister Nona Karadzhova said UN assessments concluded Bulgaria's recording of greenhouse gas emissions were neither transparent nor ...
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