Justification of integrated environmental and economic assessment of the impact actions in the field of oil and gas extraction

The aim of the welfare state, in accordance with the Constitution of Ukraine is to ensure conditions for the growth of welfare of citizens. One of the major components in the well-being of civilized societies is to ensure that citizens and businesses the necessary energy. Energy development is the b...

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Main Authors: Oleksandr Matsenko, Olga Gramma
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2017-12-01
Series:Environmental Economics
Subjects:
Online Access:https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/9614/EE_2017_04_Matsenko.pdf
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author Oleksandr Matsenko
Olga Gramma
author_facet Oleksandr Matsenko
Olga Gramma
author_sort Oleksandr Matsenko
collection DOAJ
description The aim of the welfare state, in accordance with the Constitution of Ukraine is to ensure conditions for the growth of welfare of citizens. One of the major components in the well-being of civilized societies is to ensure that citizens and businesses the necessary energy. Energy development is the basis for enhancing the social and economic living standards of the population and competitiveness. The key to this goal should be a reliable, economically viable and environmentally sound needs of the population and the economy of energy products. It is important to identify the critical factors is a threat to the energy security of the national economy. The state of the energy sector of Ukraine is negatively affected by continued dependence on imports of Russian natural gas, petroleum products and fuel for power plants. Today such dependence on primary energy, including coal, has become a leverage to Ukraine on the part of the neighboring state. The loss of the fuel and energy complex, and areas for future development of hydrocarbon resources as a result of the annexation of the Crimea and the military operations in the east of the country, as well as the destruction of the oil and gas infrastructure in the Donetsk and Luhansk regions, yielded additional new factors which significantly weakened the energy security of the country. Given the instability of strategic task for Ukraine, it is vital to achieve the highest possible level to ensure the economy’s own oil and gas resources, which, to a certain extent, will contribute to energy independence and savings of foreign exchange reserves of the country, as well as infrastructure development in the industry, tax revenues, creation of additional jobs.
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spelling doaj.art-5baf86b7709248d0a37775dfea5554b72022-12-22T01:50:14ZengLLC "CPC "Business Perspectives"Environmental Economics1998-60411998-605X2017-12-0184253010.21511/ee.08(4).2017.039614Justification of integrated environmental and economic assessment of the impact actions in the field of oil and gas extractionOleksandr Matsenko0Olga Gramma1Ph.D., Associate Professor, Associate Professor, Department of Economics and Business Administration, Sumy State UniversityResearcher, Department of Economics And Business Administration, Sumy State UniversityThe aim of the welfare state, in accordance with the Constitution of Ukraine is to ensure conditions for the growth of welfare of citizens. One of the major components in the well-being of civilized societies is to ensure that citizens and businesses the necessary energy. Energy development is the basis for enhancing the social and economic living standards of the population and competitiveness. The key to this goal should be a reliable, economically viable and environmentally sound needs of the population and the economy of energy products. It is important to identify the critical factors is a threat to the energy security of the national economy. The state of the energy sector of Ukraine is negatively affected by continued dependence on imports of Russian natural gas, petroleum products and fuel for power plants. Today such dependence on primary energy, including coal, has become a leverage to Ukraine on the part of the neighboring state. The loss of the fuel and energy complex, and areas for future development of hydrocarbon resources as a result of the annexation of the Crimea and the military operations in the east of the country, as well as the destruction of the oil and gas infrastructure in the Donetsk and Luhansk regions, yielded additional new factors which significantly weakened the energy security of the country. Given the instability of strategic task for Ukraine, it is vital to achieve the highest possible level to ensure the economy’s own oil and gas resources, which, to a certain extent, will contribute to energy independence and savings of foreign exchange reserves of the country, as well as infrastructure development in the industry, tax revenues, creation of additional jobs.https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/9614/EE_2017_04_Matsenko.pdfecological and economic damageenvironmentenvironmental lossimpact-integrated assessmentoiloil-producing complex
spellingShingle Oleksandr Matsenko
Olga Gramma
Justification of integrated environmental and economic assessment of the impact actions in the field of oil and gas extraction
Environmental Economics
ecological and economic damage
environment
environmental loss
impact-integrated assessment
oil
oil-producing complex
title Justification of integrated environmental and economic assessment of the impact actions in the field of oil and gas extraction
title_full Justification of integrated environmental and economic assessment of the impact actions in the field of oil and gas extraction
title_fullStr Justification of integrated environmental and economic assessment of the impact actions in the field of oil and gas extraction
title_full_unstemmed Justification of integrated environmental and economic assessment of the impact actions in the field of oil and gas extraction
title_short Justification of integrated environmental and economic assessment of the impact actions in the field of oil and gas extraction
title_sort justification of integrated environmental and economic assessment of the impact actions in the field of oil and gas extraction
topic ecological and economic damage
environment
environmental loss
impact-integrated assessment
oil
oil-producing complex
url https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/9614/EE_2017_04_Matsenko.pdf
work_keys_str_mv AT oleksandrmatsenko justificationofintegratedenvironmentalandeconomicassessmentoftheimpactactionsinthefieldofoilandgasextraction
AT olgagramma justificationofintegratedenvironmentalandeconomicassessmentoftheimpactactionsinthefieldofoilandgasextraction