G20 Scorecard of Fossil Fuel Funding: Russia
Russia is the second-largest provider of government support to fossil fuels by absolute value at USD 80.9 billion annually (2017–2019 average) due to large capital expenditure by state-owned enterprises (SOEs), tax breaks for upstream oil and gas, and regulated gas and electricity prices.
To learn more, see our full report Doubling Back and Doubling Down: G20 scorecard on fossil fuel funding.
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