კონფერენცია

∘ Tamar Gamsakhurdia ∘ Slava Fetelava ∘
ENERGY AND ENVIRONMENT: CONFRONTATION OR COMPROMIS?

Summary

In modern conditions, the global energy industry is faced with big problems. In particular, fossil fuels (coal, oil, natural gas), which are considered as the basis of modern civilization, are decreasing, and the demand for energy is constantly growing, which is confirmed by the forecast of the development of world energy.

The recognition of energy development as a priority means an increase in greenhouse gas emissions into the atmosphere and, consequently, an increase in the load on the energy sector. On the contrary, reducing greenhouse gas emissions into the atmosphere reduces energy production, and this confirms that energy / climate change are external factors and it is necessary to determine costs for all specific cases, that is, on the basis of an economic assessment of the results of energy / climate change, determine priorities.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Tamar Gamsakhurdia ∘ Slava Fetelava ∘ ENERGY AND ENVIRONMENT: CONFRONTATION OR COMPROMIS? Summary In modern conditions, the global energy industry is faced with big problems. In particular, fossil fuels (coal, oil, natural gas), which are considered as the basis of modern civilization, are decreasing, and the demand for energy is constantly growing, which is confirmed by the forecast of the development of world energy. The recognition of energy development as a priority means an increase in greenhouse gas emissions into the atmosphere and, consequently, an increase in the load on the energy sector. On the contrary, reducing greenhouse gas emissions into the atmosphere reduces energy production, and this confirms that energy / climate change are external factors and it is necessary to determine costs for all specific cases, that is, on the basis of an economic assessment of the results of energy / climate change, determine priorities.