 DECARBONISATION OF ECONOMY IN ROMANIAAnnals - Economy Series, 2021, vol. 5, 98-104 Abstract: This article examines the need to produce and consume in a different way than we have done so far, to change technologies, and thus new jobs in order to achieve long-term decarbonization goals. Also, the study analyses the need for a change in the energy sector in Romania, by phasing out coal / lignite power plants. The study contains an overview of coal / lignite thermal power plants in Romania, as well as an analysis of the impact of climate change on power systems, as well as on the national economy. The financial support provided to our country through the European Ecological Pact is an opportunity for the progressive elimination of coal / lignite without a major impact on prices. The article contains a mixed methodological approach, based on both international statistical data and uses descriptive and comparative analyzes. The results of the research show that the relatively high prices set on the market did not lead to the encouragement of new investments, and the way in which settlement and the lack of a possibility of centralized compensation are required, led to incompatibilities with the principles of a competitive market. Keywords: climate change; CO2 emissions; sustainability; power systems (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2021:v:5:p:98-104 Access Statistics for this article More articles in Annals - Economy Series from Constantin Brancusi University, Faculty of Economics Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.