Comments on: Is Russia Looking for Greater Control in the Carbon Credit Market? http://redgreenandblue.org/2008/12/21/is-russia-looking-for-greater-control-in-the-carbon-credit-market/ Patriotism that loves our country, our land, and our planet Tue, 14 Feb 2012 00:35:59 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mridul Chadha http://redgreenandblue.org/2008/12/21/is-russia-looking-for-greater-control-in-the-carbon-credit-market/comment-page-1/#comment-18520 Mridul Chadha Sun, 21 Dec 2008 13:54:08 +0000 http://redgreenandblue.org/?p=1932#comment-18520 Colleen, i usually don't see Russia motives as unfriendly but this case is bit different. Russia is holding about 60% of all the credits available in markets. Plus its companies are trying to bundle them up with the gas supplies (that story we all know). The number of surplus credits Russia has will only increase in the future and once the world moves out of recession the price of carbon credits will shoot up dramatically. Russia has used gas supplies as a efficient tool to put pressure on various countries and with such large amounts of surplus credits (and combing them with gas supplies) Russia will definitely get some extra leverage. Colleen, i usually don't see Russia motives as unfriendly but this case is bit different. Russia is holding about 60% of all the credits available in markets. Plus its companies are trying to bundle them up with the gas supplies (that story we all know).

The number of surplus credits Russia has will only increase in the future and once the world moves out of recession the price of carbon credits will shoot up dramatically.

Russia has used gas supplies as a efficient tool to put pressure on various countries and with such large amounts of surplus credits (and combing them with gas supplies) Russia will definitely get some extra leverage.

]]> By: colleen http://redgreenandblue.org/2008/12/21/is-russia-looking-for-greater-control-in-the-carbon-credit-market/comment-page-1/#comment-18496 colleen Sun, 21 Dec 2008 08:29:40 +0000 http://redgreenandblue.org/?p=1932#comment-18496 Hi, I think that it's a bit much to think that there are ulterior motives to everything that Russia does. "Securing its future economic growth" is a perfectly valid explanation and, heck, they're helping combat pollution in the process. Hi, I think that it's a bit much to think that there are ulterior motives to everything that Russia does.

"Securing its future economic growth" is a perfectly valid explanation and, heck, they're helping combat pollution in the process.

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