INVESTMENTS IN THE COAL INDUSTRY-FEATURES AND PROBLEMS OF LEGAL REGULATION

This article discusses the development, current situation and medium-term prospects of the Russian coal industry. The issues of the specifics of the industry, investment risks, as well as the legal regulation of investments at the present time are highlighted separately. Based on the current legislation, statistical data and scientific publications on the topic under consideration, the author comes to a number of conclusions regarding the current state, prospects, legal regulation and the appropriate type of investment in the coal industry. The article proves that every year the export component of coal will constantly increase, which is due both to the presence of gas fields on the territory of Russia, and, as a result, cheap gas, and the state's adherence to the basic principles of the «green economy». It is noted that the desire of developed countries to follow the «green economy» can negatively affect both the industry itself (since developed countries plan to reduce the actual use of coal in the economy) and the investment attractiveness of the industry, due to the negative attitude of potential investors to projects related to the coal industry due to the increasing spread of the principles of socially responsible and ESG investment. In the course of the research, the author, in addition to general scientific methods of synthesis and analysis, used such special methods as historical, comparative-legal, formal-legal.

coal industry, fuel and energy sector, investments, capital investments, public-private partnership, coal