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The Extractive Industry And Its Impact Upon The Environment

Author

Listed:
  • MARIUS BULEARCA

    (Romanian Academy, Bucharest, Romania)

  • CATALIN POPESCU

    (Oil and Gas University of Ploiesti, Ploiesti, Romania)

Abstract

The extractive industry is unanimously acknowledged as being a vital sector of any country which owns workable natural resources. The experts claim that this industry is a source of foreign income, of direct foreign investments and it is also the main and sometimes the only energy provider of a country. The activities carried out within the extractive industry of any country provide employment to population and contribute to the public budget by taxes and dues, while the incomes resulted from these activities can be directed towards charity; however, at the same time, there is a certain environmental risk related to each initiative that is being carried out in this industry.

Suggested Citation

  • Marius Bulearca & Catalin Popescu, 2014. "The Extractive Industry And Its Impact Upon The Environment," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 16-22, December.
    • Handle: RePEc:cbu:jrnlec:y:2014:v:6:p:16-22
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    Cited by:

    1. Marius Bulearca & Catalin Popescu, 2016. "How To Manage Sustainable Development In Oil Industry: The Case Of Omv Petrom," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 77-81, December.

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