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Kazakhstan: Carbon Trade Scheme Fuels divisions in Kazakhstan

Kazakhstan annually generates approximately 240 million tons of CO2 emissions and accounts for 2 percent of global carbon emissions.(Photo: Dean C.K Cox)

Authorities in Kazakhstan are at loggerheads with business executives over a plan to introduce a carbon dioxide trading scheme for companies generating greenhouse gas emissions.

The government sees two benefits to the scheme -- a healthier environment and more revenue for state coffers. But leaders of the country's business community, including KazEnergy, a powerful alliance of energy producers, is opposing the plan, arguing that it would stifle economic growth and decrease Kazakh global competitiveness. Left largely unsaid is what the government would do with the extra revenue. In Transparency International’s most recent corruption index, Kazakhstan ranked 133 out of the 174 countries surveyed.  

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Alisher Khamidov is a researcher specializing in Central Asian affairs.

Kazakhstan: Carbon Trade Scheme Fuels divisions in Kazakhstan

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