Articles
In Contrast: Responsibility for Environment and Regulation in Finance
Published:
2020-11-26
https://doi.org/10.26521/PROFUTURO/2020/2/8431
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Keywords
environmental tax revenues environmental expenditure financial regulation for environmental protection environmental services of general economic interest state aids
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Copyright (c) 2020 Pro Futuro
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
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Bartha, I., Bordás, P., & Horváth M., T. (2020). In Contrast: Responsibility for Environment and Regulation in Finance. Pro Futuro, 10(2), 128-155. https://doi.org/10.26521/PROFUTURO/2020/2/8431
Abstract
The more environmental policy comes into the focus of fiscal policies of governments, the more prevailing are the interests in it influencing the governance as a whole. In the context of the European Union, the governmental role of the Member States’ increased less for initiating the (often invoked) environmental protection but such an increase is rather an end in itself. The responsibility for environment seems to represent the bright side, while the reality of financial regulations shows the dark side of government priorities.