Carbon taxes could hurt "russia" more than sanctions, says oil tsar

Litwin

Platinum Member
Sep 3, 2017
33,091
4,932
1,015
GDL&Sweden
Finally, the oriental thugs got it ))) , it calls progress and you are lacking behind )) your Nigerians with snow (S. Brin) !)

"
Igor Sechin, chief of oil giant Rosneft, has told the Kremlin that carbon border taxes like the European Union’s could inflict far greater damage to Russia’s economy than sanctions, the Kommersant newspaper reported on Monday (23 August).

russiaelection020329-300x300.jpg

The European Commission has outlined plans to impose a CO2 tariff on polluting goods from 2026 that will force some importers to pay carbon costs at the border on carbon-intensive products such as steel.


Moscow has said the tax could affect Russian goods worth $7.6 billion (€6.47bn), including iron ore, aluminium, pipes, electricity and cement, and that the tax could eventually be broadened to affect oil, gas and coal exports.


Sechin has told President Vladimir Putin the EU tax and the possibility of similar taxes elsewhere could cause “incomparably greater damage to the economy than illegal restrictions imposed on Russia and Russian companies,”"

 

Forum List

Back
Top