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The Influence of Global Decarbonization on the Russian Economy

Sat, November 12, 10:15am to 12:00pm CST (10:15am to 12:00pm CST), The Palmer House Hilton, Floor: 7th Floor, Sandburg 7

Abstract

The decrease in demand of oil and gas in the world in 2030 and 2040 will be significant, if all countries make efforts to move toward decarbonization as promised in COP26. It will reduce oil and gas exports of Russia considerably. I make a statistical estimate of the influence of global decarbonization on the Russian economy, including its economic growth and its state budget performance.

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