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Shelf development requires economical stimulation

Publish date: October 5, 2005

Yury Trutnev, Russian minister of natural resources, says that the process of Shelf development requires economical stimulation and legislation support.

According to the minister, a quarter of the Earth’s shelf territory belongs to Russia, but volume of mineral extraction stands for 1 percent. Trutnev underlined that Russia has just started its geological development of the shelf. These are expensive and long-term projects, RusEnergy reported.


“We must establish a basic for future generations. This problem can’t be solved without a proper financial support,” said the minister.


He also underlined the need in legislation support for Russian companies protection (they are financially weaker that foreign investors), and access to modern technologies for the shelf development.

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The role of CCS in Germany’s climate toolbox: Bellona Deutschland’s statement in the Association Hearing

After years of inaction, Germany is working on its Carbon Management Strategy to resolve how CCS can play a role in climate action in industry. At the end of February, the Federal Ministry for Economic Affairs and Climate Action published first key points and a proposal to amend the law Kohlenstoffdioxid Speicherungsgesetz (KSpG). Bellona Deutschland, who was actively involved in the previous stakeholder dialogue submitted a statement in the association hearing.