New Managing Director for Bellona Norway
The Board of the Bellona Foundation has appointed former Minister of Climate and the Environment Sveinung Rotevatn as Managing Director of Bellona No...
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Publish date: February 18, 2005
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He underlined, that “After the Kyoto protocol acceptance Russia should rather expect environmental and climatic positive effects than economic profit. Reduction of hydrocarbon burning will cause reduction of emissions and environmental pollution”, Interfax informed.
The scientist said The aim of the protocol is to ease changing over from raw-material economy to high-tech economy. But the problem is if Russia will use such a possibility. He underlined that the protocol could assist in many positive changes, caused by economical changes due to mineral resources depletion.
Talking about quota trade, he said “Russia can hardly sell a single quota in 2005 due to insufficient organization of implementation of Kyoto protocol in Russia. The scientist underlined that under the protocol conditions, all the unused quotas are automatically transferred to after-Kyoto period. Russia should make a decision of what is more economically profitable to save or sell the quotas”.
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