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May 22nd, 2010
Bulgaria Businesses Set to Avoid UN Carbon Trading Ban

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SOFIA NEWS AGENCY –  The Bulgarian Environment Ministry has advised businesses to avoid the upcoming ban on carbon trading by recording their surplus for 2009 in the register of another European country. According to the Ministry, by transferring the carbon dioxide surplus from allowances in last year’s European register, companies could trade the quotas, after the ban is imposed on 30 June. They however warned that accounting for the quotas if they are not sold will be impossible. Read More