Russia Advances Carbon Trading Project

摘要

Russia has drafted a bill to pave the way for a carbon trading experiment that seeks to make Sakhalin Island in Russia’s Far East carbon-neutral by 2025 (IOD Jan.20’21). The bill — prepared by the ministry of economic development — provides a framework for gathering information about greenhouse gas emissions. It will also require large emitters to report their emissions and will set quotas for their future emissions, business daily Kommersant reported.