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ru24.net
News in English
Октябрь
2019

Business Backlash Forces Russia To Ditch Its Climate Change Plans

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The Russian government has abandoned key provisions of a new "climate change" legislation package after the country's leading businesses - most operating in the "not quite" ESG arena - mounted a significant protest, according to Russian daily Kommersant (via the Moscow Times). The abandoned legislation included quotas on carbon emissions at Russia's largest companies, along with a national carbon trading system and strict penalties for the country's worst polluters. All that remains of the proposals are a plan to measure and collect emissions…



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