Observational analysis finds emission quotas significantly influence carbon intensity in Russian industries, suggesting competitiveness concerns.
In order to meet the global climate trend, as well as in order to maintain the competitiveness of the economy, carbon regulation mechanisms, including an emission quota system, have begun to be applied in Russia. Given the high level of carbon intensity of the fuel and energy complex and industry, and their particular importance to the Russian economy, there is a need to study the impact of quotas on the development of these industries.
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Kovalenko et al. (2025) studied this question.
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