Russia lagging dangerously on climate agenda, greenhouse gas law already obsolete - climate envoy
ST. PETERSBURG. June 4 (Interfax) - Russia is lagging dangerously behind on the climate agenda and the law on greenhouse gases that it is now passing is already obsolete, the Russian president s climate envoy, Ruslan Edelgeriyev said at the Low-carbon Development and Climate Policy session at the St. Petersburg International Economic Forum on Thursday.
Deputy Economic Development Minister Ilya Torosov said at the session that Russia has already prepared carbon regulation. The law on restricting greenhouse gases was passed in the second and third readings this week, it is now in the Federation Council, he said.
Russia, the world’s fourth-largest polluter and country often criticized for unambitious, has made its first step towards carbon trading and a detailed…
Russian Lawmakers Back The Nation's First Ever Climate Law msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff
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MOSCOW, Feb 3 (Reuters) - Russia’s Economy Ministry said on Wednesday it had drawn up legislation designed to boost investment in the annexed Crimea peninsula, including by granting anonymity to some investors to try to shield them from the threat of Western sanctions.
The bill, if approved, would allow Russians making capital investments of more than 150 million roubles ($1.97 million) in Crimea to keep their personal information confidential.
Russia annexed Crimea from Ukraine in 2014 and backed a pro-Russian insurgency in eastern Ukraine, prompting a flurry of economic sanctions from Western countries.
U.S. and European Union sanctions bar American and European citizens and companies from investing in Crimea, making it risky or even impossible for major international companies to do business on the peninsula.