3 ms·
Klimat: Russia in the Age of Climate Change
- mitchbob 4y agoArchived: https://archive.ph/2022.09.26-174344/https://www.lrb.co.uk/the-paper/v44/n19/tony-wood/how-green-is-russia https://archive.ph/2022.09.26-174344/https://www.lrb.co.uk/t...
- ZeroGravitas 4y agoA vital consideration not mentiond: cross border carbon adjustments. As China, the EU and the US switch to cheap renewables, and developing countries expand with the cheapest available energy sources, cross border carbon tariffs will be introduced not as protections for local clean industry (which will be competing with global cheap renewables anyway), but as punishment for free-riders. This has a triple impact on Russia: 1. Lowered fossil fuel demand globally 2. A specific price increase on Russian sourced fossil fuels (e.g. Norway will have well-managed wells powered by offshore wind) 3. All the non-fossil exports, even if they use "cheap" local fossil fuels, will be penalized and have that priced in anyway, making them uncompetitive.