“For the Russian economy, which is the reason for our current discussion, this will also have very serious consequences. Our basic industries, such as ferrous and non-ferrous metallurgy, chemical industry, energy, may suffer, ”RIA Novosti quoted Medvedev as saying.
According to him, the desire of European partners "to introduce a carbon tax under the guise of this climate agenda has already caused concern in a number of countries."
He noted that "the countries that are oriented in their export supplies, it is not only Russia, this is, for example, Germany, are very restrained in this initiative."
“Well, the largest economic powers are also not enthusiastic about this, I mean both the United States and China,” Medvedev said.
He said that "due to such cross-border regulation, the consumption of both Russian oil and Russian coal can be significantly reduced."
As the Deputy Chairman of the Security Council said, according to the estimates of the Academy of Sciences, "the financial losses of domestic exporters will amount to billions of euros."
He noted that "this figure" is currently impossible to calculate, but "nevertheless, we are talking about very significant shortfalls in income."