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Bulgaria climate minister says market economics will phase out coal by 2038

Picture via Twitter

Published on 16th January 2024

Market economics are likely to slash Bulgaria’s use of coal-fuelled power years before the government’s official 2038 phase out date, the country’s climate minister said on Monday.

Bulgaria produces more than 40% of its electricity from coal, ahead of other sources including nuclear energy and hydropower.

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Bulgaria climate minister says market economics will phase out coal by 2038

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