01. June 2021

Russia Places its Hopes on Fossil Fuels Russia Places its Hopes on Fossil Fuels

Dr. Frank Umbach

Article by Dr. Frank Umbach on Russia's future attitude to fossil fuels and the likelihood of a green transformation.

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How prepared are the fossil fuel exporters for the energy transition?

  • Russia wants to increase its production of fossil fuels
  • However, its oil and gas exports will be less profitable
  • Moscow is unlikely to seriously pursue a green energy transition
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