BUSINESS INFORM №1-2015

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Section: Mechanisms of Regulation of the Economy
UDC 338:45
Romanchuk S. V.
Increasing the Ecological and Economic Efficiency of Waste Recycling: State Incentives and Barriers (p. 72 - 77)
The article is aimed to study the ecological and economic efficiency in a inextricable interconnection with the State policy of promoting alternative energy. The essential problem of unprofitableness of sugar factories poses new challenges for the industry as a whole. A large number of sugar factories are now closed, the others are in the process of liquidation. These processes are resulting from inefficient technologies, significant State regulation and lack of transparency of the market. Outdated equipment that is physically and morally worn, dramatically affects the environment. In spite of the fact that enterprises are related to the food industry, the impact of harmful waste almost completely changed the ecosystem of the area: contaminated groundwater, sustained intense smell, unusable soil. All this is a small part of the influence of the sugar factories on the environment. Energy efficiency in sugar factories, though improving, still remains many times lower than in the EU. That is why in the article the current situation of financing and State support for sugar factories to improve the ecological and economic efficiency is studied. Tax benefits that may be granted to a sugar factory, seeking to go to the system of waste recycling intended for the production of biofuels, were analyzed. The main disadvantages and barriers of legislation are indicated, the necessary changes are proposed. An analysis of «green» tariff for sugar factories, seeking to produce biofuels from the waste of production as a major source of energy, is presented.
Keywords: ecological and economic efficiency, waste, biofuels, alternative energy sources, incentives, tax benefits, barriers
Tabl.: 1. Bibl.: 19.

Romanchuk Sergii V. – Postgraduate Student, Department of Environmental Management and Entrepreneurship, Taras Shevchenko National University of Kyiv (60 Volodymyrska Str., Kyiv, 01033, Ukraine)
Email: [email protected]

Article is written in English
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Reference to this article:
Romanchuk, Sergii V. (2015) “Increasing the Ecological and Economic Efficiency of Waste Recycling: State Incentives and Barriers.” Business Inform 1:72–77.

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