Implementing Sustainable Development Policies through Environmental Taxes

Abstract:

In the last few decades, new instruments that ensure enforcement of sustainable development policies have been implemented. These instruments endorse both preoccupations for environmental protection and promotion of economic growth. Environmental taxes are such instruments, which allow the implementation of sustainable development policies at a national level and also approach to cross-border pollution and global pollution issues. Their application is considerably convenient financially, at the same time generating incomes used to solve environmental problems, and also ensuring an increased economic efficiency. In this paper we will analyze market-based instruments applied in the field of environmental protection, focusing on their enforcement in Romania.

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