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ECONOMICAL AND FISCAL INSTRUMENTS FOR REDUCING GREENHOUSE GASES´ EMISSION

Authors
Disciplines
  • Economics

Abstract

Climate changes are caused directly or indirectly by the human activities that determine the modification of the global atmosphere composition to which it is added the natural climate variability observed through a comparable period of time. The effects are visible especially by the increase of the average global temperature with 0.6-0.2°C from the moment when it is started to be monitored, 1860 respectively. Under the Kyoto Protocol, the European Community (EC) has agreed to reduce its greenhouse gas (GHG). The paper aims to analyze the registered at European level for reducing of greenhouse emissions due to the economical and fiscal instruments.

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