Abstract

In addition to the efforts of over 130 countries to attain carbon neutrality, it is crucial to acknowledge that these nations collectively account for a substantial portion of worldwide greenhouse gas emissions, global GDP, and population. While the transition towards renewable energy sources is gaining momentum, it is important to recognize that traditional energy sources will remain significant contributors to the global energy supply for many years to come, particularly in developing nations. These countries often face challenges in terms of infrastructure, technology, and financial resources, making it difficult to completely, abandon conventional energy sources in the short term. Russia, a major global player, has recently joined the movement towards carbon neutrality.

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