ECONOMIC
Original Paper
UDC 338.97:658.8 © N.V. Osokina, E.E. Zhernov, 2023
ISSN 0041-5790 (Print) • ISSN 2412-8333 (Online) • Ugol’ – Russian Coal Journal, 2023, № 7, pp. 20-24
DOI: http://dx.doi.org/10.18796/0041-5790-2023-7-20-24
Title
CHALLENGES OF ADAPTING RUSSIA'S COAL INDUSTRY IN THE CONTEXT OF GLOBAL ECONOMIC CARBONIZATION
Authors
Osokina N.V.1, Zhernov E.E.1
1T.F. Gorbachev Kuzbass State Technical University (KuzSTU), Kemerovo, 650000, Russian Federation
Authors Information
Osokina N.V., Doctor of Economic Sciences, Professor, Professor of Department of Economics, e-mail: onv.eti@kuzstu.ru
Zhernov E.E., PhD (Economic), Associate Professor, Head of Department of Economics, e-mail: zhee.eti@kuzstu.ru
Abstract
The subject of the research presented in this article is the adaptation of the Russian coal industry in the context of global economy carbonization perspectives. The research methods included the world-system analysis, statistical analysis, the declaration to abandon coal as an allegedly dirty fuel by the countries of the so-called "Collective West" threatens the performance of the domestic coal industry. The article attempts to provide an answer to the legitimate question of how objective the Western agenda of decarbonization of the economy is in the current geopolitical situation. For this purpose, an analysis of the world coal market in terms of export quota and revenues of Russia's coal industry is made and the relationship between the high concentration of peripheral capital of the country's coal industry and its political, technological and economic sovereignty is emphasized. A conclusion is made that the liberal capital accumulation regime should be replaced by the new green economy, and that Russia needs to develop an indigenous decarbonization policy.
Keywords
Global coal market, Low-carbon development paradigm, Cross-border carbon regulation, Peripheral capital, Core capital.
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For citation
Osokina N.V. & Zhernov E.E. Challenges of adapting Russia's coal industry in the context of global economic carbonization. Ugol’, 2023, (7), pp. 20-24. (In Russ.). DOI: 10.18796/0041-5790-2023-7-20-24.
Paper info
Received March 14, 2023
Reviewed June 14, 2023
Accepted June 26, 2023
