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Government proposes to fine companies that do not report harmful emissions KXan 36 Daily News

Date: March 2, 2024 Time: 03:48:15

“The bill establishes the administrative responsibility of economic entities for not submitting a report on greenhouse gas emissions to the authorized authorities,” Vladimir Gruzdev, chairman of the board of the Russian Lawyers Association, told the organizations. regulated, in case of violation. they will pay a fine of 35,000 to 50,000 rubles.

The specific characteristics of the activity of regulated organizations involve large-scale production activities and large volumes of carbon dioxide emissions. According to experts, a system of state registration of greenhouse gas emissions is beginning to operate in Russia: economic entities subject to regulation, mainly large companies, will have to submit annual reports. The list of substances to be counted is formed on the basis of the Kyoto Protocol of the United Nations Framework Convention on Climate Change, as well as the Concept for the Formation of a Monitoring System of Greenhouse Gas Emissions, approved by the Russian government in 2015.

The head of the AJUR directory recalled that a special information system was created for control, where information on greenhouse gas emissions must be entered. In addition to monitoring emissions, mechanisms are being introduced to encourage investment in climate projects. We are talking, for example, about reforestation or the modernization of industrial facilities based on resource-saving technologies.

At the moment, the available statistical data is not enough to fully assess the impact of the national economy on the climate, set appropriate targets for sectors of the economy and form a list of measures to achieve them. This requires up-to-date data at the subject level of the federation and individual organizations.

“These goals will be resolved by the reporting system. The proposed sanctions will make it possible to stop the illegal behavior of economic entities that hide data on their emissions,” summarized Vladimir Gruzdev.

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Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.

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