Russia not yet decided on Kyoto second commitment period

Russia has not yet made a decision about participation in the second commitment period of the Kyoto Protocol, Russian Deputy Prime Minister Arkady Dvorkovich said on Twitter.

"Such a decision has not been made," he wrote.

Earlier, Kommersant newspaper reported that Russia had changed its attitude to the Kyoto Protocol and that officials had, influenced by business associations, decided to participate in the second commitment period.

"Business has been able to convince officials that extra investment will not hurt, despite falling prices on the EU market, this market has already brought Russia over 1.5 billion euros," the paper said.

"The second Kyoto Protocol commitment period is in the interests of Russia and Russian business and will enable active participation, including in the establishment of a global international agreement," Yuri Fyodorov, the co-chairman of a working group from Business Russia, told the paper.

Russia may pull out of the second period. At a UN conference in Durban (South Africa) countries agreed the second commitment period would be for eight years from 2013 to 2020. Participating in the second period with the aim of reducing emissions are the European Union, Norway, Switzerland, Belarus and Kazakhstan. Australia and New Zealand are still under question. Refusing to participate were Russia, the United States, Canada and Japan.

But this is not the final list: countries have the chance to think about it until December 2012 and vote at a UN conference in Qatar. Russia could change its mind.

Russia has announced several times that it does not support the extension of the Kyoto Protocol and has called for a new agreement, in which the United States and China would take part.

All Kyoto mechanisms will be stopped at the end of the first period. All joint projects also face termination.

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