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Russia's Invasion of Ukraine: Consequences for Global Decarbonization
[Zeitschriftenartikel]
Abstract Russia is the world's largest energy exporter by a wide margin. The Russian invasion of Ukraine and the Western sanctions against Russia will therefore affect many parts of the global energy system. Worldwide investments in renewable energy will be incentivized by the higher fossil fuel prices. Petr... mehr
Russia is the world's largest energy exporter by a wide margin. The Russian invasion of Ukraine and the Western sanctions against Russia will therefore affect many parts of the global energy system. Worldwide investments in renewable energy will be incentivized by the higher fossil fuel prices. Petrostates will likely benefit from higher oil and gas prices for a few years, only to eventually experience a steeper decline than previously foreseen. Germany and other European countries may find that they are no longer suitable locations for energy-intensive industries. China might find itself in an advantageous position, importing fossil fuels cheaply from Russia even as international demand for clean energy equipment made in China skyrockets. The outlook for blue hydrogen has worsened, while that for green hydrogen has improved.... weniger
Klassifikation
spezielle Ressortpolitik
Wirtschaftssektoren
Sprache Dokument
Englisch
Publikationsjahr
2022
Seitenangabe
S. 2-5
Zeitschriftentitel
Russian Analytical Digest (2022) 284
Heftthema
Energy and War
DOI
https://doi.org/10.3929/ethz-b-000550755
ISSN
1863-0421
Status
Veröffentlichungsversion; begutachtet
Lizenz
Creative Commons - Namensnennung, Nicht kommerz., Keine Bearbeitung 4.0