¥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