Climate, Hydrocarbons, Sanctions

This timely book addresses the impact of global energy trends and rapid climate change on the Arctic’s increasing role in Russia’s hydrocarbon-based economy in the new geopolitical landscape. Arild Moe and Anna Korppoo utilise new data to provide a comprehensive understanding of the strengths and weaknesses of Russia’s Arctic development strategy and its economic underpinning, with its emphasis on hydrocarbon extraction and exports. Chapters analyse the potential developments that may impact Russia’s future activities in the Arctic. Key topics include scientific progress, the role of climate policy and public concerns, the economic foundation of mega-projects in the Arctic, and the repercussions of sanctions after Russia’s invasion of Ukraine. Moe and Korppoo offer key insights, arguing that geopolitics and the energy transition away from fossil fuels will be pressures Russia must eventually confront. Climate, Hydrocarbons, Sanctions is a valuable resource for scholars and students of Russian politics, the environment, and politics and public policy more broadly. It is also beneficial for analysts working in the oil and gas industry and foreign policy, alongside diplomats looking to better understand the Russian economy.