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Anatoly Chubais, Special Representative of the President of the Russian Federation for Relations with International Organizations on Sustainable Development, is convinced that the sooner the better, the introduction of carbon pricing is the only way to neutralize the negative effects of the planned “carbon tax” in the European Union. He spoke about this on February 11 at a meeting chaired by First Deputy Prime Minister Andrei Belousov.
According to Chubais, the “most agonizing” issue on Russia’s low-carbon agenda is paying for carbon, and even with a very conservative price per ton of greenhouse gas of $10, the cost to the economy will be 1.5 trillion rubles, RBC reports.
“If you now put in $100 (into the calculation of the potential price of carbon for the Russian economy – ed.), it will be a completely different life,” the special representative warned.
At the same time, the current cost of quotas for greenhouse gas emissions in the European EU ETS system is 91 euros ($104) per ton of carbon dioxide.
We also recall that earlier the Ministry of Economic Development prepared a draft plan for the implementation of the Strategy for the socio-economic development of Russia with low greenhouse gas emissions until 2050 (the strategy was adopted at the end of October 2021). The document included tax and other measures to stimulate the “green” transition.
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
