Tax Incentives For The Development Of Alternative Energy In Russia
Abstract
This study explores the efficacy of tax incentives in promoting the development of alternative energy sources in Russia. The research aims to assess the impact of existing tax policies on the growth of renewable energy and to propose potential reforms to optimize these incentives. The study employs a combination of qualitative and quantitative methods, including a comprehensive review of relevant literature, analysis of government regulations, and examination of statistical data on renewable energy investments and production. A standout result of the research is the identification of specific tax incentives that have successfully stimulated investment and innovation in the alternative energy sector. The findings underscore the intricate balance required to navigate the energy transition successfully, emphasizing collaboration, adaptation of global best practices, and the importance of transparent reporting mechanisms, also underscore the importance of tailored tax policies in driving sustainable energy transitions and offer insights into optimizing fiscal measures to accelerate Russia's transition to a greener energy future.
Copyright information
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
About this article
Publication Date
01 October 2024
Article Doi
eBook ISBN
978-1-80296-966-5
Publisher
European Publisher
Volume
4
Print ISBN (optional)
-
Edition Number
1st Edition
Pages
1-1008
Subjects
sustainable development, ecology, economy, technologies, green technologies
Cite this article as:
Yalmaev, R. A., Grigoryeva, L. V., & Pokidova, V. V. (2024). Tax Incentives For The Development Of Alternative Energy In Russia. In K. A. Said-Akhmadovich, & A. S. Salamova (Eds.), Modern Trends in Governance and Sustainable Development of Socio-economic Systems: From Regional Development to Global Economic Growth, vol 4. European Proceedings of Multidisciplinary Sciences (pp. 668-676). European Publisher. https://doi.org/10.15405/epms.2024.09.75