¥Significant
economic burden
¥Potential
serious conflicts with RussiaÕs economic growth targets
¥Future
losses in Russian oil sector – largest source of RussiaÕs foreign currency
¥Uncertain
market for Russian carbon credits
–Competition from East European nations and
Ukraine
–Reduced demand without U.S. accession to
Kyoto
¥Technological,
institutional, legal, organizational limitations and difficulties with compliance
¥Need to
marry and bring into alignment all climate change policy components with other strategic development goals and tasks