Reports on environment See all

Fossil fuel exporters’ preparedness to the energy transition

Russia places its hopes on fossil fuels

As the world’s largest fossil fuel exporter, in the long term, Russia could face a serious oversupply and decreasing profits because of a continuous drop in global demand. Accelerating decarbonization worldwide could threaten Moscow’s energy superpower status, potentially destabilizing the Putin regime and its symbiotic relationship with the oil and gas industry.

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