Bulgaria s TPP Bobov Dol turns to non-cons net profit in Q1 Licence: Borislav Dimitrov on Flickr, CC BY-NC-SA 2.0
SOFIA (Bulgaria), April 28 (SeeNews) - Bulgarian thermal power plant (TPP) Bobov Dol [BUL:TC8A] said on Wednesday that it recorded a non-consolidated net profit of 2.4 million levs ($1.5 million/1.2 million euro) in the first quarter of 2021, compared to a net loss of 3.9 million levs in the same period of last year.
The company s revenue rose to 37.7 million levs in the first three months of the year from 21.9 million levs in the comparable period of last year, TPP Bobov Dol said in an interim financial statement.
Published on: Monday, April 19, 2021
By: AFP
The Bobov Dol Thermal Power Plant, near the village of Golemo Selo, Bulgaria.
BRUSSELS: The European Commission will next week present the first part of a “green taxonomy” list of energy sources and technology to be labelled as sustainable investments, but a question mark hangs over the inclusion of natural gas.
The classification system, to be published on Wednesday, is mandated under a 2019 agreement between member states and the European Parliament meant to define durable economic activities and green finance.
It seeks to define what the EU would deem as sustainable as it moves towards a goal of Europe becoming carbon-neutral by 2050, with criteria focusing on mitigating climate change or preparing for it.
EU Poised To Unveil Green-friendly Investment List ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.
Ellen Dorsey, a veteran of the anti-apartheid movement, has used her activist experience and her leadership position at the Wallace Global Fund to push for divestment from the fossil fuel industry.
The Wallace Global Fund has supported the fossil fuel divestment movement from its inception. By 2021, the movement had propelled divestment of over $14 trillion in assets from universities, pensions cities, faith groups and more.
Dorsey launched Divest Invest Philanthropy, a coalition of over 200 foundations to divest their endowments from fossil fuels and invest in climate solutions. She says foundations can still do more to invest their endowments in climate solutions, and shouldn’t be “hoarding acorns” in this “moment of urgent need.”
Борисов показа защо трябва да бъде отстранен fakti.bg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fakti.bg Daily Mail and Mail on Sunday newspapers.