Vladimir Putin: «… we all share the concern about climate change …»

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On April 22, 2021, Russian President Vladimir Putin took part in the videoconference format at the online Climate Change Summit, which was initiated by US President Joe Biden. For the most part, this was an event that had a more declarative character than one on which specific decisions would be made. All speakers confirmed the movement of their countries along the path of decarbonization of their countries. It is clear that this will happen at different rates. # the us and Europe plan to be carbon neutral by mid-century. China, represented at the conference by # PRC President Xi Jinping, will achieve carbon neutrality by 2060.

It must be understood that this will be achieved mainly by the electrification of transport, as well as by the large-scale development of renewable generation. It is logically clear that by 2060 most developed countries will stop using coal as an energy source for thermal power plants, as well as in heavy metallurgy. The same applies to hydrocarbon fuels. This means that we, #Russia, must prepare for this today by creating an economy and transport sector that is independent of fossil hydrocarbon fuels.

Without going into a long debriefing, we can assume that, according to the vision of the President of Russia, the country’s energy future, as well as exports, will largely depend on hydrogen. We have good starting positions in the production of hydrogen, primarily due to the resources and competencies of the Rosatom corporation, which will be able to produce hydrogen using the resources of both the nuclear power plant and the wind farms of the Novavind subsidiary.

It can be stated with all certainty that the last quarter of the current century will be completely different from what we have today. It will already be a world without transport that burns fossil fuels, it will be # TPP and metallurgy, where coal will no longer be used, and oil will become only a raw material for the petrochemical industry. And it may be that the full electromobilization of civil, personal, and also commercial vehicles in Russia will be slightly delayed, and will lag behind the global trend by 10 years, but this is still inevitable.

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