Marcel Salikhov, President of the Institute for Energy and Finance Foundation, commented to Forbes on the potential costs of decarbonizing the Russian economy.
The global energy transition will cost the Russian economy trillions of rubles: the government plans to finance most of it through investments and private companies, Forbes found out.
“By 2050, the economy may need about 2-3 trillion rubles to reduce emissions in electricity and thermal energy sectors alone,” Marsel Salikhov, President of the Institute for Energy and Finance says.
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