Economic and Legal Mechanisms of Economic Decarbonization in Russia: Strategic Guidelines-Reference-Cited by-同舟云学术

Economic and Legal Mechanisms of Economic Decarbonization in Russia: Strategic Guidelines

Published:2023-03-16 Issue:1 Volume:3 Page:21-33
ISSN:2782-2435
Container-title:Strategizing: Theory and Practice
language:en
Short-container-title:

Author:

Nikonorov Sergey¹^ORCID,Ryabova Elizaveta¹

Affiliation:

1. Lomonosov Moscow State University

Abstract

This paper describes the economic and legal mechanisms of decarbonization in Russia, e.g., stimulating the transition to renewable energy, the state strategy on hydrogen, green transport, etc. In Russia, decarbonization will increase in relevance following the target scenario of climate regulation. Carbon taxes are being introduced to link manufactured products to carbon footprint. Car companies plan the number of internal combustion engines to be produced based on their carbon footprint allowances. When approaching a critical point, they have to produce electric cars or hybrid engines to increase possible sales. International financial organizations make decisions on loans based on the way a country meets its climate obligations.

Publisher

Kemerovo State University

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