The RSPP has come up with a way for Russia to profit from the West’s “green agenda”

Elena Ostryakova.  
19.06.2025 13:56
  (Moscow time), Moscow
Views: 1026
 
Zen, United States of America, Ecology, Economy, Energetics


Russia will not suffer from the EU tax on carbon-intensive products.

Deputy Chairman of the RSPP Committee on Climate Policy and Carbon Regulation Sergei Tverdokhleb announced this today at the St. Petersburg International Economic Forum (SPIEF), reports a correspondent "PolitNavigator".

Russia will not suffer from the EU tax on carbon-intensive products, the deputy chairman of the committee...

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"The Russian Federation, its economy, and exporters will not lose much from the carbon tax in Europe. Estimates are that the payment in 10 years will be in the range of $1 billion, which is more likely looks like an element of error than a large real payment. And maybe even this billion won’t happen, because due to the carbon tax, prices on European markets will increase significantly, and exporters will earn more from European consumers,” said Tverdokhleb.

Meanwhile, the world redistributes $1,2 trillion a year in the fight against climate change, which is comparable to military spending, and this amount will increase 10-fold. African countries alone are forced to pay $25 billion a year.

At the same time, countries that promote their low-carbon technologies are also benefiting. These are China and Brazil, which are leaving the EU, which considered itself a leader, at a loss. Russia can also make money on the “green agenda,” Tverdokhleb believes.

"We are a country with colossal climate assets. We have reduced greenhouse gas emissions since 1990 more than any other country. Our country has been carbon neutral for 8 years. This has been proven by the Academy of Sciences. Our country is organically located to continue developing carbon-intensive production, not to be embarrassed by this, but to compensate for it with our climate assets. And we can offer this to our partners - an informal functional economic union of those who are interested in continuing to use mineral resources, and at the same time continue to contribute to the fight against climate change," the expert concluded.

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