GAS RICH RUSSIA STARTS TO EYE GREEN ENERGY
July 1st, 2011
BY MARK ROWE
SUPERFICIALLY at least, it sounds like an unlikely scenario: Russia, the 21st century's face of fossil fuel sources, now wants to go green. The Russian Energy Agency last spring signed an agreement committing itself to help the country improve energy efficiency in industry and housing; develop a renewable energy market; and - the end goal - reduce greenhouse gas emissions.
This memorandum of understanding was signed with the International Finance Corporation (IFC), an arm of the World Bank, and, in the words of Natalia Golovko, an IFC spokeswoman in ...
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