Carbon circular economy as a tool for managing carbon dioxide emissions of russian oil and gas companies

• Титова Наталья Юрьевна

  Natalya Yu. Titova. Vladivostok State University. Vladivostok. Russia

• Tatiana Terenteva

  Tatiana V. Terentyeva. Vladivostok State University. Vladivostok. Russia

he concept of a low-carbon circular economy is nowadays becoming increasingly widespread around the world. The main idea of the concept is to reduce, process, remove and reuse carbon dioxide. Carbon emission control in corporate sector operations represents the realization of environmental responsibility and encompasses a scope of purposes and objectives including climate. With the practice of low-carbon circular economy being widespreadly implemented abroad, the Russian Federation largest companies are just beginning their contribution to providing sustainable implementing and developing a low-carbon circular economy. Meanwhile, the Russian Federation has committed itself to achieving carbon neutrality by 2060. In the Russian Federation, in progress there is a federal project to implement a circular economy. Of special emphasis and relevance are current issues of conceptualization of low-carbon circular economy. The purpose of the study is to define the basic concepts and fundamental principles of low-carbon circular economy. There was applied a content analysis method to overview recent papers of both Russian and foreign scientists and to identify their key positions on this term definition. As a result, the authors have arrived at the conclusions about the fundamental distinction of the conceptual and categorycal apparatus studied. There was made an attempt to systematize the current methods of carbon emission reduction as applied to low-carbon circular economy principles highlighted. Examplified by the major Russian oil and gas companies the principles of a low-carbon circular economy have been defined. The latter have become widespread in the applicable strategic documents of carbon dioxide emission control systems. Conclusions and perspectives for further research have been outlined. The results obtained can be applied by researchers studying the current issues of implementing a low-carbon circular economy.
Keywords: sustainable development, circular economy, closed-loop economy, low-carbon economy, lowcarbon circular economy, low-carbon closed-loop economy, greenhouse gas emission control system, oil and gas sector.