FINANCIAL SUPPORT FOR ENVIRONMENTAL POLICY AT THE LEVEL OF SC TURCENI ENERGY COMPLEX

Holt Gheorghe
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Holt Gheorghe: FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION “CONSTANTIN BRANCUSI” UNIVERSITY OF TARGU JIU, ROMANIA

Annals - Economy Series, 2014, vol. 4, 134-137

Abstract: The environment protection at microeconomic level can be characterized by socio-economic and political situation relatively unstable, which puts serious mark on the output of Romanian companies. The long-term goal of any business is to get a sufficient return on invested capital and therefore the financial support for the establishment of financial resources for environmental spending. The establishment of financial support of environmental expenditures requires some economic levers, whose purpose is to achieve environmental objectives at least cost. In this form, the optimal allocation of financial resources for the environment raises the optimal quantity of each resource use compared to prices of other economic factors of production and economic development of a framework to ensure protective nature of all environmental decisions by including the costs in the prices of goods and services.

Keywords: environmental protection policy; environmental protection expenditure; environmental protection investments; financial suport of environmental protection policy (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2014:v:4:p:134-137

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