‘The international community must boycott the Russian nuclear industry’
“The Russian nuclear company Rosatom is not just another energy company. It is a state within the state, and a political instrument for the Kremlin. ...
News
Russia to stymie Kyoto climate deal – though some progress has been made
Publish date: March 18, 2008
Shortcuts on this page
News
Russia to stymie Kyoto climate deal – though some progress has been made
Foreign companies seeking to make money in Russia under the Kyoto Protocol will face hard times, as Russian authorities say they will do what they can to obstruct the climate deals, the Barents Observer reported.
Still, in Northwest Russia, historic climate quota deals have already been struck.
The state official in charge of Kyoto implementation in Russia told Reuters Thursday that "the most correct approach is forbidding everything but allowing certain things to go forward. The worst approach is to approve everything but say certain things are forbidden"
Russian Deputy Economic Development and Trade Minister Vsevolod Gavrilov confirmed that "we are working according to a principle of rejection," The Moscow Times reported.
Despite the negative Russian position on the Kyoto deals, historic headway has still been made. In Northwest Russia, Finnish energy major Fortum has agreed with Territorial Generating Company No. 1 about the purchase of approximately 5 million metric tons of emission reduction units. The deal is the largest ever trade of CO2 emission reduction units in Russia, said the Barents Observer.
More News
All news
What Rosatom’s third year at war tells us
This op-ed originally appeared in The Moscow Times. If Russia’s state nuclear corporation, Rosatom, is to be believed, 2024 was a banner year.&nbs...
Norway opens new Arctic oil fields – named after sea ice phenomenon that the very same oil will contribute to melting
Earlier this month, Norwegian state-owned petroleum company Equinor (with partners Vår Energi and Petoro) started production at a new Arctic site, wi...
Russia’s Chernobyl-style reactors to keep operating until the end of the decade
Recent announcements by Russian nuclear officials that they will extend the runtimes of several Chernobyl-style RBMK nuclear reactors shed light on t...