Bulgaria could warm by 4.4 °C by 2100, lose 20% of precipitation
Bulgaria is severely affected by climate change, WWF and the Konrad Adenauer Foundation said, warning the temperature rise could reach 4.4 degrees by 2100
McKinsey – Decarbonizing economy requires over USD 9 trillion per year
Achieving the goal of net-zero emissions by 2050 implies global investments of USD 9.2 trillion a year, 3.5 trillion more than today
Agora: Faster decarbonization in Western Balkans would ease impact of EU’s CO2 border tax
The Western Balkans need to step up the integration of their power markets and roll out carbon pricing to avoid the CO2 border tax, Agora said
BlackRock CEO`s message for 2022: We focus on sustainability not because we are environmentalists, but because we are capitalists
Larry Fink said in his annual letter that BlackRock would continue to encourage companies to react to climate change because it has financial significance
Carbon capture projects failing but still to play role in energy transition
The carbon capture technology is still experimental, but it may have a shot with a proper funding scheme and a functional market
Germany’s new government announces ambitious decarbonization plan
Germany published a climate plan for the 2030 emissions target, decarbonization of industry, electrification of transport, and heating
EU should roll out CO2 border tax earlier, apply it to indirect emissions from electricity
The draft report is part of the legislative procedure for the adoption of the carbon border adjustment mechanism (CBAM)
Summer of 2021 in Europe was warmest ever
The last seven years were the warmest on record globally by a clear margin, and 2021 was the fifth-hottest year ever recorded