¥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