Environmental protection in the Slovak Republic: economic aspects

Abstract

The contribution investigates the effective utilization of some economic instruments for environmental protection, the aim of which is to financially stimulate the ecological behaviour of enterprises. The information on principles and practical aspects of using two types of instruments, i.e. the emissions trading and the investment promotion of renewable energy sources, was analyzed on a global scale to point out to the specificities of their utilization in conditions of the Slovak Republic. An objective of the contribution is to direct attention to drawbacks associated with the utilization of those instruments in practice. Of course, the drawbacks considerably reduce their effectiveness and often change their initial purpose.