News
Publish date: October 5, 2005
News
According to the minister, a quarter of the Earths 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 cant 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.
Recent attacks on Ukraine’s Zaporizhzhia nuclear power plant "mark the beginning of a new and gravely dangerous front of the war," the UN atomic agency's director general said last week.
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.
In the midst of a global discussion on whether natural gas should be used as a transitional fuel and whether emissions from its extraction, production, transport and use are significantly less than those from other fossil fuels, Russia has developed ambitious plans to increase its own production of liquified natural gas (LNG) in the Arctic – a region with 75% of proven gas reserves in Russia – to raise its share in the international gas trade.
In this news digest, we monitor events that impact the environment in the Russian Arctic. Our main focus lies in identifying the factors that contribute to pollution risks and climate change.