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Russia resists tougher climate targets in dash for Arctic gas
(Climate Home News, 16 Nov 2020) Russia has no plans to achieve carbon neutrality before the end of the century and is betting on Asian demand to support a huge expansion of its Arctic gas industry.
t was only in September last year that Vladimir Putin used executive powers to formally endorse the Paris climate agreement, under which countries have committed to limit global heating “well below 2C” and strive for 1.5C by the end of the century.
Since then, Moscow has done little to align its climate plan with the Paris deal. Instead, it has continued to support fossil fuel expansion, spending $8.4 billion to prop up its oil and gas industry during the Covid-19 pandemic.
Earlier this month, Putin signed another executive order to reduce emissions by 30% from 1990 levels by 2030. That is the more ambitious end of its existing target but still allows emissions to rise significantly, as Russia’s emissions plummeted following the collapse of the Soviet Union and remain at about half the level they were in 1990.
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Climate Home News, 16 Nov 2020: Russia resists tougher climate targets in dash for Arctic gas
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