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

Author

Listed:
  • Vladimir Ivanovich Voloshin

    (Institute of Economics Russian Academy of Sciences, Moscow, Russia)

  • Olga Evgenievna Nazarova

    (Institute of Economics Russian Academy of Sciences, Moscow, Russia)

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.

Suggested Citation

  • Vladimir Ivanovich Voloshin & Olga Evgenievna Nazarova, 2022. "Low-Carbon Energy Development: Challenges for Russia and Ways to Overcome Them," Russian Foreign Economic Journal, Russian Foreign Trade Academy Ministry of economic development of the Russian Federation, issue 2, pages 5-15, February.
    • Handle: RePEc:alq:rufejo:rfej_2022_02_5-15
    DOI: 10.24412/2072-8042-2022-2-5-15
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