Opinion: Economic reality is dragging Russia toward climate acceptance

BLOOMBERG • August 15, 2021

Could climate alarm bells be ringing in the Kremlin? Official pronouncements and a newfound urgency suggest the reality of greener global demand may finally force a fossil fuel behemoth to accept the inevitable. Sooner than expected, Putin's hydrocarbon-dependent regime has found itself watching key markets slip away as China targets net-zero emissions and Europe introduces measures including a levy on heavy industry imports that fail to meet its climate protection standards.