Open letter of KRIB in connection with the Decision adopted today in the National Assembly, with which the Council of Ministers was assigned to adopt a program for providing compensation to non-domestic consumers of electricity

Opinions

OPEN LETTER The Confederation of Employers and Industrialists in Bulgaria /KRIB/ - The Voice of Bulgarian Business - expresses its satisfaction with the decision adopted today in the National Assembly, which instructed the Council of Ministers to adopt a program for providing compensation to non-domestic consumers of electricity. The adopted decision, which should be followed by a compensatory mechanism, appears to be life-saving for the whole…

What causes heat records and why they may soon fall?

ESG news

Monday, July 22, was declared the hottest day in Earth's history. The previous heat record lasted only 24 hours - Sunday, July 21. Heat records have never before fallen at such a rate, and this could have dire consequences for people everywhere, especially Europe, which is the fastest-warming continent on Earth, reports…

Will Paris 2024 be the greenest Olympics in history?

ESG news

Paris 2024 is set to be the greenest Olympics ever, aiming to have a carbon footprint half that of London 2012 and Rio 2016, which were 3,3 million and 3,6 million tonnes of CO2 respectively. "Climate change is an extremely serious threat...that's why we're focusing on reducing our footprint," commented Thomas Bach,...

TotalEnergies buys 50% stake in RWE offshore wind farm

ESG news

TotalEnergies has announced the acquisition of a 50% stake in OranjeWind, a 795 MW offshore wind farm under development in the Netherlands owned by German power producer RWE. TotalEnergies' share of the project's renewable energy will be used to power electrolysis projects to produce green hydrogen, reports esgtoday.com. The deal is part of the initiatives of…

Germany recorded its wettest year on record

ESG news

Germany has just recorded its wettest year on record, with rainfall increasing by 35 percent, Euronews reports. An average of 1070 liters of rain per square meter fell in the country from July 2023 to June 2024, compared with an average of 789 liters for the period 1961-1990. This is the wettest 12 months since the beginning of…