ENERGY MARKETS IN THE ERA OF GLOBAL INSTABILITY

Abstract

The article identifies new trends and challenges in the development of the world economy and energy in an era of global instability, including the economic problems of the United States of America, the trend towards dedollarization of the global economy and the transition to alternative payment systems, the deindustrialization of Europe, role of the Government in economy, risks undermining the long-term stability of oil supplies due to underinvestment and limited opportunities to increase new production capacities. The issues of the development of «green» energy are analyzed, while it is shown that hat reducing the causes of global warming solely to CO2 emissions resulting from human activities is not sufficiently substantiated. The possibilities and problems of the fuel and energy sector of Russia in the era of the transformation of the world energy markets and restructuring of Russian’s economy are revealed.

Keywords

• usa
• world economy
• energy transition
• hydrocarbon production
• investments
• dedollarization
• alternative payment systems; deindustrialization
• government regulation