Vs sustainable development: scenarios for the future

Abstract

Issues of sustainable development began to concern mankind starting from the 20th century, when mass industrialization and the depletion of natural resource potential contributed to the formulation of environmental issues at one of the leading places in scientific discourse. However, what if the goals of sustainable development would not be achieved to 2030? What other way we can identify for humanity to survive? So, the study is about the problems of studying the understanding of the term “sustainable development”, considering the evolution of the formation of the concept of sustainable development and analyzing the modern goals of sustainable development for attainability. From an analysis of domestic and foreign experience, possible scenarios of the development of mankind are identified (such as 1. Creating an environmental framework, 2. Implementation of sustainable nature management practices in the conditions of natural and man-made objects, 3. Implementation of “geoengineering projects”, 4. Construction of autonomous ecosystems, 5. Space exploration in search of a new planet for life, provided that the goals of sustainable development would not be achieved. It has been established that today probability of achieving all the sustainable development goals by 2030 is too small, and the indicated scenarios require, firstly, the development of science and technology, and secondly, a competent assessment of the value of nature and solving the issue of specifying property rights for natural goods.

Barriers to implementation of hydrogen initiatives in the context of global energy sustainable development

“…Thus, through the conception of cumulative value designated under the industrial matrix of the SDGs, the raw material sectors of the economy are placed on an equal footing with other sectors without taking into account specific inter-industrial relationships [10]. Against this backdrop, the raw materials sector of the global economy experiences problems with access to investment resources as well as the influence of the discriminative policy which hampers the fully-fledged realization of strategic initiatives geared towards exploring the transition to sustainable energy [3,4].…”

Impact of oil prices on profitability and investment activity of oil companies from central and eastern europe

“…However, in the recent period,the focus of research of scholars was on issues related to general sustainability of the business model (see, for example, [3]) andenergy transition, questions related to environmental issues and, in particular, new technologies, such as carbon capture and storage (see, for example, [4,5]), questions related to digitalization and industry 4.0 (see, for example, [6]) and questions related to some conceptual approaches for investments in oil & gas industry [7], while less emphasis was put on the dynamics of oil prices.…”

“…For example, in their annual report for 2019, Hungarian oil company MOLemphasizes that the company is in a continuous process of developing its future product portfolio, launching new products and services that not only mitigate transition risk but capitalize on opportunities created by it, positioning the group to meet future demand for cleaner fuel, energy-efficient and recycled products, clean and sustainable mobility solutions and renewable energy, to remain competitive in a carbon-constrained economy 2 . GreekoilcompanyHellenic Petroleum stressesinoneofthe reportsthatthestrategicgoalistofacilitate the energy transition in the Eastern Mediterranean by maximizing returns in core business and developing a diversified, best in the class energy portfolio 3 . In that context, one of the essential questions is what will be the role of the upstream segment in the future product portfolio of oil companies.…”

“…https://molgroup.info/storage/documents/publications/annual_reports/2019/mol_ group_integrated_annual_report_2019_eng.pdf3 https://www.helpe.gr/userfiles/10beb747-86d7-4c1c-a1e1-a2850113ee26/ELPE%20Results%20%20Presentation%20%20-%204Q%202019_1.pdf…”

Risk Factors Evaluation for Monitoring of Well Drilling

“…An important task of the development of the oil and gas industry in the coming years is to increase the efficiency of producing oil and gas and drilling of a well and the main impetus to the introduction of methods of ML was the fall in oil prices. Oil and gas companies have concentrated on resource efficiency, optimizing their production processes [19][20][21][22][23][24][25][26][27][28][29][30].…”