Norway to create carbon-emissions programSeptember 11, 2012 - 13:33 AMT PanARMENIAN.Net - Norway's government says it will create a carbon-emissions program to compensate domestic manufacturers, in the hope of dissuading them from moving their industries to countries with less stringent climate regulations, AP reports. The government says that the European Union's Emission Trading Scheme, which Norway adopted in 2005, has led to an increase in energy prices and a reduction in the competitiveness of domestic enterprises. The EU's scheme allows for countries to compensate industry, and Norway's government says its own program will be based on calculation methods in the EU guidelines. The Norwegian program will go into force in July 2013 and last until 2020. Environment Minister Bard Vegar Solhjell said Tuesday, Sept 11, in a statement that the program will combine "good climate policy with good industrial policy." Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |