Article name Decarbonization of Companies In the Industrial Sector under Conditions of Uncertainty
Authors Malakhov E.. ,
Malysheva T.. ,
Bibliographic description Malyshev E. A., Malysheva T. E. Decarbonization of companies in the industrial sector under conditions of uncertainty // Transbaikal State University Journal. 2023. Vol. 29, no. 4. P. 123–131. DOI: 10.2109/2227-9245- 2023-29-4-123-131.
Category Economy
DOI 338.45
DOI 10.2109/2227-9245-2023-29-4-123-131
Article type Original article
Annotation The article analyzes the relevance of decarbonization projects of companies in the context of geopolitical uncertainty and economic crisis. Russia remains one of the leaders in terms of carbon intensity of products and the amount of greenhouse gases produced in the world. The object of the research is decarbonization strategies of Russian companies in the industrial sector. The purpose of the study is to substantiate the relevance of the processes of decarbonization of companies in conditions of geopolitical uncertainty. The research objectives are as following: 1) analysis of the Ministry of Economic Development of Russia decisions to reduce the carbon intensity of the economy from the introduction of EU carbon regulation; 2) analysis of priority markets for Russian exports; 3) relevance analysis of the decarbonization processes of companies and certification of the carbon footprint. Many countries, including China, are increasing their requirements for the environmental friendliness of companies, and the decarbonization processes themselves have a positive economic effect. The closure of export markets has reduced the relevance of decarbonization projects for Russian industry, which is now less affected by cross-border carbon regulation. The energy crisis can seriously change Europe\'s climate priorities. Investments in CCUS are accompanied by high risk, but they can allow you to gain a competitive advantage; the main focus should be on the development of projects to improve energy efficiency, reduce leaks and introduce renewable energy sources. Despite the severance of economic ties with the European Union, the closure of export markets and a decrease in the level of cross-border carbon regulation, as well as the resulting geopolitical uncertainty, the climate agenda does not lose its relevance. Positive prerequisites are emerging based on investments in CCUS. It is necessary to actively develop projects to improve the energy efficiency of industrial enterprises by reducing unjustified losses and also to introduce renewable energy sources more mobile.
Key words decarbonization, greenhouse gas emissions, carbon neutrality, CCUS technologies, Paris Agreement, global challenges, carbon footprint, oil and gas sector, carbon regulation, climate agenda
Article information
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