Create a national regulatory system to limit greenhouse gas emissions and introduce a federal carbon tax
We have great prospects for low-carbon development. That’s what our ecosystem is – the forests of the Russian Federation make up 20% [of all forests in the world]. We can be the beneficiaries of the entire green agenda. The main thing for us as a country is to be ready for this and to create all the infrastructure, which is what the state is doing right now. The task for the next year is to come up with a national regulation on limiting greenhouse gas emissions. We are doing this, and pilot projects and the basic bill are already on the way. [Another task] is to complete work on creating sectoral region-based plans for adaptation. We believe this will make it possible to prepare our country for the global energy transition, for a new technological order and, as a result, to preserve Russia’s leading position as an energy superpower — Ilya Torosov, Deputy Minister of Economic Development of the Russian Federation.
We still need an approach to taxation, but not to burden companies. Rather, we still need to find this balance. For example, if we introduce taxation on CO2, on carbon, then we need to reduce the tax on the extraction of minerals so that the overall tax burden does not increase on business. The whole world does this in principle — Ruslan Edelgeriyev, Advisor to the President of the Russian Federation; Special Presidential Representative on Climate Issues.
We need a focus, we need a carbon tax, but then we really need to balance other taxes. A mining tax is a great idea. Burdening business all the time is definitely a one-way path. Of course, we must find a balance. Of course, we must accurately use the experience of the European Union [...] We believe the Russian government should create clear conditions, a transparent mechanism of taxation, assistance in the earmarking of funds, and a balance in other elements of taxation so that business, science, and the state can jointly solve this problem — Alexander Shevelyov, Chief Executive Officer, Severstal Management .
We have already prepared a carbon regulation and a law limiting greenhouse gases […] I hope that in the near future we will already adopt our basic law on carbon regulation, which has basically formed the architecture and conceptual framework and created an opportunity for the emergence of the voluntary climate projects that businesses wanted — Ilya Torosov, Deputy Minister of Economic Development of the Russian Federation.