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Thane Gustafson, "Klimat: Russia in the Age of Climate Change" (Harvard UP, 2021)

New Books in World Affairs

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The Future of Oil in Russia?

The decline of coal inside russia is not necessarily the result of financial pressures directly. The strategy that the russians have developed banks on the idea that coal demand may decline in europe. Why they see booming prospects in asia, and particularly from china. And perhaps we can transition a bit to oil. Oil prices will drop, and drilling in places like the arctic will prove to be too cosy. A new oil fields in siberia won't be able to be developed without further state subsidies.

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