FINANCIAL CRISIS, SUBSIDIES AND CLIMATE
CHANGE
IN THE EQUATION OF SUSTAINABLE DEVELOPMENT
FLORINA BRAN , ILDIKO IOAN , CRISTINA POPA
ABSTRACT. – Financial crisis, subsidies and climate change in
the equation of sustainable development. An irreducible situation such as the
contemporary financial crisis creates the premises of major overthrow in
decision criteria. Meanwhile, significant progresses in overcoming the
ecological crisis, fueled mainly by the climate change are also in relation with
such changes. This convergence is easy to be observed due to logical
connections. If its existence was noticed at decisional levels is the
overarching question that structure the paper. Since the answer is positive,
there are explored the visions and plans of measures developed within this
confrontation. There is applied a global approach and that is why each
discussion considers also the implications of economic globalization and of
global environmental action as influence factors on the path and direction of
change.
Keywords: financial crisis, climate change, fossil fuels, subsidies, sustainable
development.