€ 3 trillion for green Europe by 2050

[[MC]Ronin[MC]]

Boyko Borisov in Madrid: Bulgaria is the second in the EU in reducing carbon dioxide emissions

At the COP25 Climate Conference in Madrid, the new EU leadership called for the adoption of the so-called "green deal" not only at European Union level but also worldwide.

Europe's "green deal" implies radical reforms in the economy, energy and transport, which must become as green and carbon-neutral as possible.

This will cost the European Union an estimated 3 trillion euros.

Brussels promises to cover only one-third of these costs and the rest, as planned, will be provided by the European Investment Bank and the EU countries themselves.

CO2 levels have reached the highest in human history

"We are proposing a new green deal, because it is about ending the war on nature, it is about reconciliation," said European Council President Charles Michel.

According to him, for centuries the world has been in a state of "war against nature, overexploitation of natural resources that has caused the planet to respond because of it." "We need to change things. It is time for a green revolution, we want to make Europe the first green continent," he added.

Charles Michel called for a sharp increase in investment in new technologies through the European Investment Bank. In addition, since 2021, the Bank has stopped fossil fuel projects. Climate change projects are expected to receive a trillion euros by 2030. The President of the European Council also said that by 2050 Europe will become the first continent to achieve climate neutrality.

Scientists declare "climate emergency"

European Commission chief Ursula von der Layen, for his part, said he believed the EU could propose extending the green deal to a global level.

"This month we will propose the first European law to achieve climate neutrality so that it becomes irreversible. We Europeans are ready. And if we move together, we will proceed faster. We need to be more ambitious in the negotiations on "We will move from a European environmental deal to a global level," she said, urging countries around the world to increase investment in innovation and green technologies.

Scientists: The end of humanity comes after 2050

The climate is the trigger for war, Syria and migration

French Prime Minister Edouard Philip said the international community was "late" in resolving climate problems, and what it was doing was "insufficient". However, he expressed the optimistic view that "this fight can be won", calling for accurate goals to be set. Philip recalled plans by the French authorities to shut down all coal-fired power plants by 2022 and to get rid of cars that pollute the environment by 2040.

Portuguese Prime Minister Antonio Costa says 54% of the country's electricity comes from renewable energy. At the same time, he said, the transition to clean energy sources "does not lead to an increase in value and may even reduce it". "Renewable energy may be cheaper. Portugal's goal is to clean 80% of its energy by 2030," Costa said.

The Conference of the Parties to the United Nations Framework Convention on Climate Change is being held in Madrid from 2 to 13 December, chaired by Chile. Representatives of almost 200 countries are participating in the event, and about 30,000 people are accredited for the event, including Prime Minister Boyko Borisov. On the first day of the meeting, about 50 Heads of State or Government, as well as EU leadership, arrived in the Spanish capital.

"For countries with a high share of coal in their energy mix, such as Bulgaria, Poland and others, the transition to climate neutrality will require higher levels of investment and active measures in the social sphere."

This was stated by Prime Minister Boyko Borisov in his speech at the 25th Madrid Climate Change Conference, the Council's press service announced.

Prime Minister Borisov pointed out that in Bulgaria 46% of electricity is produced from coal plants, which are the main base capacity, in winter this percentage reaches 60.

"At the same time, I would like to point out that according to Eurostat statistics, Bulgaria ranks second in the EU in the reduction of carbon dioxide emissions from fossil fuel combustion in 2018, compared to 2017, by 8, 1%, following Portugal, which holds the leading position with 9%, "Prime Minister Borisov told leaders at the World Forum in Madrid.

 

The Bulgarian Prime Minister emphasized that for our country nuclear energy plays an important role in guaranteeing national, regional and European energy security, while providing affordable energy and a key element for the transition to a low carbon economy.

"Its importance as a key pillar of a carbon-free European electricity system has also been reaffirmed in the EC's long-term vision for reducing greenhouse gas emissions by 2050, published in 2018," stressed Prime Minister Borisov. He was adamant that our country would continue to rely on nuclear energy in the coming years.

"EU emissions are only 9% of the world. The first and second pollutants - the largest in the world, are not here. These are the US and China," Prime Minister Boyko Borisov said at the conference. He noted that the EU is reducing its emissions and added that the health and quality of life of every citizen in the world should be put first in this regard.

"Because chimneys, whether they smoke in the US, China or Vietnam, the atmosphere brings it to us too. Let us unite and bring these indisputably progressive countries together to take on the monster that comes with climate change," he said. Conclusion Prime Minister Borisov.