Russia and Kyoto

Russian Greenhouse Gas Emissions 1990 - 2010

© UNEP/GRID

News

Russia Plans to Start Trading Kyoto Quotas in 2008
Russia plans to start trading its greenhouse emission quotas in 2008 once it has met all eligibility requirements needed to implement the Kyoto mechanisms, a senior Russian official said on Friday.
18.06.07, © Planet Ark

Russia to Have Key Kyoto Trade Rules Ready by July
Russia will have key rules ready by July that will allow foreign firms to invest in the country under the terms of the Kyoto Protocol, a top Russian official promised on Monday, reassuring potential investors.
08.04.06, © Reuters

Russia Keen to Link Emission Trade to EU, North America
Russia is keen to link its emissions trading to the European and North American markets to help its firms make money from the Kyoto Protocol on climate change.
04.11.04, © Reuters

Russia's State Duma Ratifies Kyoto: What are the implications?
A decade after its launch, the international effort against global climate change enters a critical new phase. With the ratification of the Kyoto Protocol by Russia, this landmark agreement will now enter into force. Kyoto's coming of age is a major diplomatic accomplishment: a strong declaration of multilateral will to confront a quintessentially global challenge. But against that challenge, Kyoto is but a first step.
23.10.04, © PewCenter

Russische Duma ebnet Weg für Kyoto
Das russische Parlament hat am Freitag der Ratifizierung des Kyoto-Protokolls zugestimmt. Mit dem Abkommen einigte sich die internationale Gemeinschaft vor sieben Jahren erstmals auf verbindliche Ziele und Maßnahmen für den Klimaschutz. Aber erst mit Russlands Beitritt kann das weltweit wichtigste Klimaschutzabkommen in Kraft treten, da sich die USA und Australien einer Ratifizierung verweigern.
22.10.04, © ORF Science

Background:

A Stochastic Dynamic Game of Carbon Emissions Trading
NCCR-WP4 Working Paper 15, December 2002.
This paper proposes a computable stochastic equilibrium model to represent the possible competition between Russia and China on the international market of carbon emissions permits. The model includes a representation of the uncertainty concerning the date of entry of developing countries (e.g. China) on this market in the form of an event tree. Assuming that this date of entry is an uncontrolled event, we model the competition as a dynamic game played on an event tree and we look for a solution called S-adapted equilibrium. We compare the solution obtained from realistic data describing the demand curves for permits and the marginal abatement cost curves in different countries, under different market and information structures: (i) Russia's monopoly, (ii) Russia-China competition in a deterministic framework, (iii) Russia-China competition in a stochastic framework. The results show the possible impact of this competition on the pricing of emissions permits and on the effectiveness of Kyoto and post-Kyoto agreements, without a US participation.

A Two-Level Dynamic Game of Carbon emissions Trading Between Russia, China, and Annex B Countries
NCCR-WP4 Working Paper 11, September, 2002
This paper proposes a computable dynamic game model of the strategic competition between Russia and developing countries (DCs), mainly represented by China, on the international market of emissions permits created by the Kyoto protocol. The model uses a formulation of a demand function for permits from Annex B countries and of marginal abatement costs (MAC) in Russia and China provided by two detailed models, GEMINI-E3 and POLES. The competitive scenario is compared with a monopoly situation where only Russia is allowed to play strategically. The impact of allowing DCs to intervene on the international emissions trading market is thus assessed.

The Kyoto Protocol: "Hot air" for Russia?
2000, © Sergey V. Paltsev , Department of Economics, University of Colorado

The Kyoto Mechanisms and Russian Climate Politics
2000, © London, Royal Institute of International Affairs

International Kyoto mechanisms in Russia
Economic impacts of Emissions trading on the Russian Economy
© Claudia Kemfert, Roman Lokhov

Study on Russian National Strategy of Greenhouse Gas Emissions Reduction
1999, © The World Bank

Study on Russian National Strategy of Greenhouse Gas Emission Reduction

Russian Society for Ecological Economics (RSEE)
RSEE is the International Society for Ecological Economics (ISEE) Russian Chapter (ISEE/RC)

Meteo Data for Russia
Web Site of All-Russian Research Institute of Hydrometeorological Information - World Data Center (RIHMI-WDC)