The Effects of Climate Change on Oil and Natural Gas Production in the Russian Federation
Open Access
Author:
Hutelmyer, Lora
Area of Honors:
Energy, Business, and Finance
Degree:
Bachelor of Science
Document Type:
Thesis
Thesis Supervisors:
Dr. Anastasia Shcherbakova, Thesis Supervisor Dr. Anastasia Shcherbakova, Thesis Supervisor Andrew Nathan Kleit, Thesis Honors Advisor
Keywords:
climate change energy production russia
Abstract:
In recent decades, increasing temperatures and other climatic changes have been evident throughout the Arctic, where a vast portion of the world’s energy resources are located. In Russia in particular, changes such as melting sea ice and thawing permafrost have the potential to affect energy extraction and production levels in the near future. This thesis discusses the positive and negative effects that climate change may have on oil and natural gas production throughout the Russian Federation, one of the world’s greatest energy producing countries. The thesis also conducts a quantitative analysis to determine if a relationship exists between changes in temperature and historical energy production rates.
