Russia preparing carbon trading measures to absolve it from “unfriendly” EU protectionism -official

Published 02:29 on May 26, 2021  /  Last updated at 02:47 on May 26, 2021  /  Asia Pacific, Carbon Taxes, CBAM, Climate Talks, EMEA, EU ETS, International, Kyoto Mechanisms, New Market Mechanisms, Voluntary Market  /  No Comments

Russia is rolling out new domestic voluntary carbon offset rules and is considering extending its embryonic emissions trading scheme nationally in order to have its climate efforts recognised internationally, a high-level official said Tuesday, which should thereby spare the country from "unfriendly" protectionist actions such as EU border measures.

Russia is rolling out new domestic voluntary carbon offset rules and is considering extending its embryonic emissions trading scheme nationally in order to have its climate efforts recognised internationally, a high-level official said Tuesday, which should thereby spare the country from “unfriendly” protectionist actions such as EU border measures.

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