Russian mills fear carbon-based border controls on steel

Several of the presentations at the recent 15th CIS Metals Summit, organised by Adam Smith Conferences in Moscow focussed on carbon issues. The vice president of the Russian Union of Metal Exporters, Leonid Shevelev, looked at methods of measuring carbon dioxide emissions and detailed proposals for reducing from Russia’s steel mills. He focussed on several companies including Severstal.

Another paper – from Sergei Sitnikov, from Baker & McKenzie, analysed the recent changes in Russian legislation on Joint Implementation of carbon reducing projects. JI is part of the Kyoto Protocol. 

Other speakers looked at sustainability in financing, including the Equator Principles.

Roger Manser


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