After decades of reliance on oil & gas, Russia starts preparations to adapt economy for global green energy transition – reports ...News

The Russian government is to create a set of working groups to help the country’s economy adapt to the global energy transition, as the international demand for hydrocarbons decreases due to the development of alternative sources. That’s according to a source cited by Moscow business daily RBK, which revealed that Prime Minister Mikhail Mishustin has put First Deputy Prime Minister Andrei Belousov in charge of the new initiative. At the initial stage, the working groups will identify the risks and opportunities of the global energy transition for the Russian economy, with the plan to assess all scenarios and work out the optimal route

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