D&R OBLIGATIONS OF OIL PRODUCING COMPANIES: ECONOMIC AND LEGAL MECHANISMS FOR IMPLEMENTATION
One of the most “dirty” sectors of the economy is traditionally considered mining and processing industries, while they are less equipped with advanced technologies for cleaning production and consumption waste. The implementation of obligations by oil producing companies to restore the environment...
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Publishing House of the State University of Management
2020
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oai:doaj.org-article:caa083e08fa849adb626bd6c8c5e77122021-12-03T07:43:33ZD&R OBLIGATIONS OF OIL PRODUCING COMPANIES: ECONOMIC AND LEGAL MECHANISMS FOR IMPLEMENTATION1816-42772686-841510.26425/1816-4277-2020-7-59-67https://doaj.org/article/caa083e08fa849adb626bd6c8c5e77122020-09-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/2311https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415One of the most “dirty” sectors of the economy is traditionally considered mining and processing industries, while they are less equipped with advanced technologies for cleaning production and consumption waste. The implementation of obligations by oil producing companies to restore the environment is one of the most important areas of state policy. At the same time, the state uses all possible economic and legal instruments to influence subsoil users: from forcing them to set strict environmental standards and levy fines for non-compliance, to encouraging companies themselves to develop along the “green” path, offering various benefits and preferences in return. An overview of the main directions of implementation of D&R obligations of the largest oil and gas companies, as well as the relationship of these obligations with the interests of the state has been proposed in the article.M. A. ValishviliPublishing House of the State University of Managementarticlecorporate obligationsd&r obligationseconomic incentivesenvironmental paymentsenvironmental restorationlegal regulationoil and gas industrytax incentivesSociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 0, Iss 7, Pp 59-67 (2020) |
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corporate obligations d&r obligations economic incentives environmental payments environmental restoration legal regulation oil and gas industry tax incentives Sociology (General) HM401-1281 Economics as a science HB71-74 |
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corporate obligations d&r obligations economic incentives environmental payments environmental restoration legal regulation oil and gas industry tax incentives Sociology (General) HM401-1281 Economics as a science HB71-74 M. A. Valishvili D&R OBLIGATIONS OF OIL PRODUCING COMPANIES: ECONOMIC AND LEGAL MECHANISMS FOR IMPLEMENTATION |
description |
One of the most “dirty” sectors of the economy is traditionally considered mining and processing industries, while they are less equipped with advanced technologies for cleaning production and consumption waste. The implementation of obligations by oil producing companies to restore the environment is one of the most important areas of state policy. At the same time, the state uses all possible economic and legal instruments to influence subsoil users: from forcing them to set strict environmental standards and levy fines for non-compliance, to encouraging companies themselves to develop along the “green” path, offering various benefits and preferences in return. An overview of the main directions of implementation of D&R obligations of the largest oil and gas companies, as well as the relationship of these obligations with the interests of the state has been proposed in the article. |
format |
article |
author |
M. A. Valishvili |
author_facet |
M. A. Valishvili |
author_sort |
M. A. Valishvili |
title |
D&R OBLIGATIONS OF OIL PRODUCING COMPANIES: ECONOMIC AND LEGAL MECHANISMS FOR IMPLEMENTATION |
title_short |
D&R OBLIGATIONS OF OIL PRODUCING COMPANIES: ECONOMIC AND LEGAL MECHANISMS FOR IMPLEMENTATION |
title_full |
D&R OBLIGATIONS OF OIL PRODUCING COMPANIES: ECONOMIC AND LEGAL MECHANISMS FOR IMPLEMENTATION |
title_fullStr |
D&R OBLIGATIONS OF OIL PRODUCING COMPANIES: ECONOMIC AND LEGAL MECHANISMS FOR IMPLEMENTATION |
title_full_unstemmed |
D&R OBLIGATIONS OF OIL PRODUCING COMPANIES: ECONOMIC AND LEGAL MECHANISMS FOR IMPLEMENTATION |
title_sort |
d&r obligations of oil producing companies: economic and legal mechanisms for implementation |
publisher |
Publishing House of the State University of Management |
publishDate |
2020 |
url |
https://doaj.org/article/caa083e08fa849adb626bd6c8c5e7712 |
work_keys_str_mv |
AT mavalishvili drobligationsofoilproducingcompanieseconomicandlegalmechanismsforimplementation |
_version_ |
1718373472658259968 |