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Russia’s Federation Council clears Kyoto for Putin’s signature

Publish date: November 1, 2004

The Kyoto Protocol overcame its final legislative hurdle in Russia last week when the upper house of parliament, or Federation Council, ratified the global climate pact Wednesday and sent it on to President Vladimir Putin for his signature, setting the stage for the treaty to come into force next year, the Associated Press reported.

Putin’s stamp of approval is considered a formality, but the Kremlin has given no indication of when he will sign the pact, which seeks to slow global warming by reducing greenhouse-gas emissions. Russia’s adoption is the final step needed among major industrial countries after the treaty was rejected by the United States, which alone accounted for 36 percent of carbon dioxide emissions in 1990. The protocol needed ratification by 55 industrialized nations accounting for at least 55 percent of global greenhouse gas emissions in 1990. The pact will apply only to nations that ratify it. The U.S. government says the pact would harm the U.S. economy and also argues it favors developing nations like China and India that are big polluters, AP said.

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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.

Project LNG 2.

Bellona’s new working paper analyzes Russia’s big LNG ambitions the Arctic

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.