Establishment of a Mechanism to Quantify Greenhouse Gas Emissions from Coal Mines

Ilya A. Nagaitzev – Postgraduate Student of the Siberian State Industrial University (Novokuznetsk, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Tatiana V. Petrova – Professor of the Department of Economics and Management, Siberian State Industrial University, Doctor of Economic Sciences (Novokuznetsk, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The article presents the distribution of greenhouse gas emissions from various sectors of the Russian economy, adopted legal acts in relation to the development of carbon regulation. The article considers the implementation of one of the regulatory tools – quotas for greenhouse gas emissions – in relation to the activities of coal mining enterprises (mines). Calculation of quotas for greenhouse gas emissions for coal mines under several development scenarios. The conclusions about the gradual reduction of quotas for greenhouse gas emissions for enterprises have been made.

It is noted in the conclusion that coal mining companies in planning and approval of strategies should take into account the development of carbon regulation and the transition to a low-carbon economy in Russia, gradually introducing management business processes related to accounting, analysis and management of greenhouse gas emissions.

Key words: sustainable development, greenhouse gases, carbon regulation, quotas, coal mining.

JEL-codes: Q01, Q35, Q54.