¥Russian energy issues will dominate over climate change issues
¥In near term Russian political considerations with dominate
over economic ones as long as Russia is not well
integrated into the global economy - a mixed blessing
¥Russia will move slowly on Kyoto implementation institutions
and given the USÕs
intransigence on Kyoto and climate change issues this is
not surprising
¥Ukrainian actions could speed up Russian
implementation
¥Other foreign pressure e.g., EU will likely not be
productive
¥Russia will remain skeptical of market approaches, entitlement
issues, mismatch with developed countries regarding institutional and legal
clarity
¥