Impacts of climate change policies worldwide on the Russian economy

Climate Policy. 2020. Vol. 20. No. 10. P. 1242–1256.

Макаров И. А., Chen H., Paltsev S.

Because the Russian economy relies heavily on exports of fossil fuels, the primary source of human-induced greenhouse gas (GHG) emissions, it may be adversely impacted by Paris Agreement-based climate policies that target reductions in GHG emissions. Applying the MIT Economic Projection and Policy Analysis (EPPA) model to assess the impacts on the Russian economy of the efforts of the main importers of Russian fossil fuels to follow the global goals of the Paris Agreement, we project that climate-related actions outside of Russia will lower the country’s GDP growth rate by about one-half of a percentage point. The Paris Agreement is also expected to raise Russia’s risks of facing market barriers for its exports of energy-intensive goods, and of falling behind in the development of low-carbon energy technologies that most of the world is increasingly adopting.

Ключевые слова: Россия, Russia, диверсификация, diversification, выбросы парниковых газов, energy exports, Парижское соглашение, greenhouse gas emissions, энергетический экспорт, Paris Agreement

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