Low-Carbon Energy Development: Challenges for Russia and Ways to Overcome Them

Authors

  • Vladimir Ivanovich Voloshin Institute of Economics, Russian Academy of Sciences
  • Olga Evgenievna Nazarova Institute of Economics of the Russian Academy of Sciences

DOI:

https://doi.org/10.24412/2072-8042-2022-2-5-15

Keywords:

low-carbon development, energy transition, decarbonization, renewable energy sources, energy policy, greenhouse gases, global warming, cross-border carbon regulation, carbon tax, quota trading

Abstract

The article deals with low-carbon energy development and the energy transition, which is the energy basis for the world’s transformation towards a low-carbon economy. The EU climate agenda, the challenges and risks for Russia related to cross-border carbon regulation in the EU, the contraction of global fossil fuel markets, and intensifying competition in them are investigated. The opportunities for Russia’s international cooperation in fossil fuel supply are analyzed. Possible ways to mitigate risks in the Russia’s transition towards a low-carbon economy are considered.

Author Biographies

Vladimir Ivanovich Voloshin, Institute of Economics, Russian Academy of Sciences

Doctor of Economics, full professor
Place of work, post: Institute of Economics, Russian Academy of Sciences, Energy Policy Sector, Head of the Sector

Olga Evgenievna Nazarova, Institute of Economics of the Russian Academy of Sciences

Place of work, post: Institute of Economics of the Russian Academy of Sciences, Energy Policy Sector, Junior Researcher

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Published

2024-01-26

How to Cite

Voloshin, V. I., & Nazarova, O. E. (2024). Low-Carbon Energy Development: Challenges for Russia and Ways to Overcome Them. Russian Foreign Economic Journal, (2), 5–15. https://doi.org/10.24412/2072-8042-2022-2-5-15

Issue

No. 2 (2022)

Section

World economy