Perspectives of carbon tax introduction in the Russian Federation

Abstract

This paper analyses the prospects for the introduction of a carbon tax on the territory of the Russian Federation and the impact of the environmental agenda on the financial and tax policy of Russia. The authors consider the advantages and disadvantages of the carbon tax in comparison with other economic and legal mechanisms. The paper considers the definition of the concept of carbon tax and its essence, analyzes the role of carbon tax in the implementation of state policy in the field of environmental protection in terms of decarbonization. The authors also propose possible strategies for the introduction of a carbon tax in Russia.