DEVELOPMENT OF THE ENVIRONMENTAL SUBSIDIZATION IN THE EU AND HUNGARY Cover Image

DEVELOPMENT OF THE ENVIRONMENTAL SUBSIDIZATION IN THE EU AND HUNGARY
DEVELOPMENT OF THE ENVIRONMENTAL SUBSIDIZATION IN THE EU AND HUNGARY

Author(s): Zoltán Nagy
Subject(s): Law, Constitution, Jurisprudence
Published by: Universitatea Nicolae Titulescu
Keywords: environmental subsidy; financial subsidy; environmental policy; EU subsidy; budgetary policy; protection of environment

Summary/Abstract: The recent study deals with the subsidy issues of environmental policy through the analyses of the problems of regulation in the EU and Hungary. Among economic regulators subsidies have got to the focus of literature analyses only recent days. From the perspective of subsidies the author is primarily concerned with direct subsidies but the broad range of indirect subsidies (tax allowances, tax exemptions) are also sketchily dealt with. The fundamental target of environmental policy is to decrease environmentally harmful activities and to subsidize environmentally effective activities. In order to reach this target the policy of the EU has a significant role, as the Hungarian domestic subsidy scheme is based on EU subsidies almost absolutely from the aspect of sources. The study gets to the conclusion, through the display of different subsidy forms, that no efficient environmental policy can be achieved without a properly regulated subsidy policy.

  • Issue Year: XX/2013
  • Issue No: 2
  • Page Range: 73-84
  • Page Count: 12
  • Language: English