Economic regulation and market instruments for environmental protection, including fees for negative impacts

Abstract

Based on the results of the analysis of the European and Russian experience of state regulation of environmental protection, in the article the author examines the possibilities of using economic instruments in the field of environmental policy. It is substantiated that some market instruments are able to bring the state income, which can either be directed to environmental protection expenditures, or used to compensate taxes on labor and capital. Environmental budget items are underfunded, despite the positive dynamics of environmental protection costs associated with the implementation of the national project “Ecology”. The author emphasizes the need for market regulation mechanisms, since they allow taking into account the interests of all participants in state policy: consumers, the state and producers. One of the topical areas of environmental policy is the establishment of a system for the sale of quotas for emissions of greenhouse gases, which will reduce carbon dioxide emissions and stimulate the development of “green” technologies in the financial and industrial spheres.