IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-79496-5_23.html
   My bibliography  Save this book chapter

Sustainable Development of the Oil and Gas Industry and Modern Challenges of Decarbonization

In: Industry 4.0

Author

Listed:
  • Igbal A. Guliyev

    (Moscow State Institute of International Relations)

  • Vladislav I. Kiselev

    (Moscow State Institute of International Relations)

  • Victor V. Sorokin

    (Moscow State Institute of International Relations)

Abstract

Today the world is preoccupied with the problems associated with the growth of CO2 emissions and the accompanying climate change. The activities of fuel and energy companies are of particular concern. According to satellite data published in the report of the International Energy Agency (IEA), a large number of centers of harmful emissions are concentrated in Russia. According to the baseline forecast of the International Energy Agency (IEA), by 2040 global energy consumption will increase by about 45%. At the same time, according to the Paris Climate Agreement, the European Union will have reduced greenhouse gas emissions by 40% by 2030 and by 95% by 2050 (World Energy Outlook 2020). Experts acknowledge that oil and gas industry is on the verge of a major transformation due to the fight against carbon dioxide emissions coupled with growing demand for energy. To meet this global demand and achieve ambitious emission reduction goals Russia as one of the world’s leading energy powers should introduce radical changes in its energy policy. One of the strategies for solving this problem may include altering the course towards sustainable development policies. This work aims at analyzing possible ways to overcome the challenges that the Russian energy sector may face in the near future. Particular emphasis is placed on decarbonization technologies and their application in Russia.

Suggested Citation

  • Igbal A. Guliyev & Vladislav I. Kiselev & Victor V. Sorokin, 2022. "Sustainable Development of the Oil and Gas Industry and Modern Challenges of Decarbonization," Springer Books, in: Elena B. Zavyalova & Elena G. Popkova (ed.), Industry 4.0, pages 247-254, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-79496-5_23
    DOI: 10.1007/978-3-030-79496-5_23
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-79496-5_23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.