Cross-border Carbon Regulation: Challenges and Opportunities for Russian Oil and Gas Companies
( Pp. 261-264)

More about authors
Lebedeva Natalia E. Cand. Sci. (Econ.), Associate Professor of the Department of Industrial Markets, Faculty of Economics and Business
Financial University under the Government of the Russian Federation
Moscow, Russian Federation Sidelnikova Natalya S. master student, direction of study «Economics», program «Economics and modeling of business processes of the fuel and energy complex», Department of Industry Markets, Faculty of Economics and Business
Financial University under the Government of the Russian Federation
Moscow, Russian Federation
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Abstract:
The purpose of the research. The restructuring of the Russian economy creates new challenges and threats for its subjects, which in the short and medium term have become paramount. Despite this, environmental standards and the climate agenda continue to determine the conditions for the activities of Russian producers on the long-term planning horizon. From 2026, the mechanism of cross-border carbon regulation will be fully operational and will expand the scope of application. Conclusions. The result of its introduction may be an increase in the tax burden of Russian companies in the oil and gas industry. Based on the analysis of documents in the field of carbon regulation in Europe and Russia, a number of potential challenges for industry enterprises and opportunities were identified, the implementation of which is considered as a response to the identified threats.
How to Cite:
Lebedeva N.E., Sidelnikova N.S., (2022), CROSS-BORDER CARBON REGULATION: CHALLENGES AND OPPORTUNITIES FOR RUSSIAN OIL AND GAS COMPANIES. Economic Problems and Legal Practice, 2: 261-264.
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Keywords:
oil and gas companies, green deal, cross-border carbon regulation, certificates for greenhouse gas emissions, tax burden.