FINANCIAL SUPPORT FOR ENVIRONMENTAL POLICY AT THE LEVEL OF S.C. TURCENI ENERGY COMPLEX

• Main Author: HOLT GHEORGHE
• Format: Article
• Language: English
• Published: Academica Brâncuşi 2014-08-01
• Series: Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
• Subjects: environmental protection policy; environmental protection expenditure; environmental protection investments; financial suport of environmental protection policy
• Online Access: http://www.utgjiu.ro/revista/ec/pdf/2014-04/20_Holt%20Ghe.pdf

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.