Decarbonization of the oil and gas complex in the Arctic: a conscious necessity or a scientific myth?
https://doi.org/10.17073/2072-1633-2025-2-1441
Abstract
The end of the last century and the beginning of the 21st century were marked by the emergence of a new scientific trend in the scientific community which attracted the attention of many professional teams all over the world. This was a trend of reducing carbon emissions that is formed during the burning of fossil fuels. Such scientific trends have gained significant support in the majority of the world countries becoming a mainstream, a major scientific course leading to the “decarbonization of the economy” concept. Reduction of carbon emissions was considered to be one of the main ways to fight climate change as carbon in the greenhouse gas emissions is one of the main elements that destroy the ozone layer of the atmosphere. Without denying the negative impact of any emissions into the atmosphere connected with the work of industrial companies that use natural fuel as the main source of energy, the results of some research began to question the negative effect of atmospheric emissions from natural fuel combustion: the process of climate change occur on our planet cyclically. And “decarbonization of economy” has become a tool of geopolitical struggle for global markets for goods produced with the help of “clean fuel”. The purpose of the study is to systematize the views on the causes of the climate change that comes as a result of the carbon emissions from industrial enterprises, and to carry out an objective analysis of geoeconomical and geopolitical reasons for the need to organize projects of decarbonization of the oil and gas complex, especially when realizing energy projects in the Russian Arctic. This issue is of special relevance to the Russian Federation which possesses the world largest reserves of traditional energy sources in the Arctic zone.
About the Authors
A. M. FadeevRussian Federation
Alexey M. Fadeev – Chief Researcher, Luzin Institute for Economic Studies – Subdivision of the Federal Research Centre, Kola Science Centre of the Russian Academy of Sciences; Dr.Sci. (Econ.), Professor, Peter the Great St. Petersburg Polytechnic University
14 Fersmana Str., Apatity, Murmansk Region 184209
29B Polytechnicheskaya Str., St. Petersburg 195251
A. A. Ilyinskiy
Russian Federation
Alexander A. Ilyinskiy – Dr.Sci. (Econ.), Professor
29B Polytechnicheskaya Str., St. Petersburg 195251
M. V. Afanasiev
Russian Federation
Mikhail V. Afanasiev – Dr.Sci. (Econ.), Professor
29B Polytechnicheskaya Str., St. Petersburg 195251
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Review
For citations:
Fadeev A.M., Ilyinskiy A.A., Afanasiev M.V. Decarbonization of the oil and gas complex in the Arctic: a conscious necessity or a scientific myth? Russian Journal of Industrial Economics. 2025;18(2):297-306. (In Russ.) https://doi.org/10.17073/2072-1633-2025-2-1441