Putin: Russia Has to Achieve Carbon Neutrality by 2060

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Russia’s carbon neutrality must be achieved by 2060, Russian President Vladimir Putin said at the G20 summit via video link on Sunday, October 31.

“Counting natural gas, the lowest-carbon fuel among hydrocarbons, the share is 86%”, Putin noted.

It is one of the best indicators in the world, Putin stressed. He cited the assessments of international experts, according to which the Russian Federation is among the leaders in the process of global decarbonization.
In Russia, the president continued, the goal is to ensure carbon neutrality no later than 2060.

And to achieve it, among other tools, a new program to improve the energy efficiency of the economy for the period up to 2035 will be implemented, RIA Novosti writes.

As Russian Deputy Prime Minister Alexander Novak said at Russian Energy Week in mid-October, decarbonization of the economy is indeed inevitable. But holding it in the next decade, as some experts suggest, is unrealistic. Oil, gas, and coal will be in demand by consumers for a very long time.