Bulgaria to challenge EU quota on cutting emissions

0 Comments | AFP, November, 2007

SOFIA (AFP) — Bulgaria wants to renegotiate its 2008-2012 carbon dioxide emissions quota set by the European Commission and may challenge it in court, Environment Minister Dzhevdet Chakarov said Wednesday.

"Bulgaria is seriously harmed by the European Commission's decision and will take every step possible to have it revised. If that doesn't happen, we will launch legal proceedings," Chakarov said.

The minister met with members of the Bulgarian Industrial Association on Wednesday to discuss the effects of the reduced carbon dioxide emissions quota, which the EU wants to slash by 34.4 percent to 42.3 million tonnes between 2008 and 2012.

Businesses agreed that slashing the quota would have negative economic effects and could lead to factory closures.

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