Application of selected environmental taxes in Slovakia and Hungary

Global environmental problems present a challenge to individual governments, and at the same time, they create pressure associated with various climate agreements for governments to find ways to reduce the environmental burden but not slow down the country's economic growth. Without the government's intervention, there is no market consensus between companies and households to take into account interests other than their own. Therefore, the state should act as a regulator in relation to the environment in the economic market. The aim of the paper is to analyse environmental taxes in selected EU countries. In the contribution, we will focus on a detailed analysis of selected environmental taxes in selected EU countries and the definition of the main differences between the established environmental taxes. The result of the issue is a proposal for environmental taxes at the macroeconomic and microeconomic levels. We focused on two EU member countries (Slovakia and Hungary) for comparing the shares of environmental taxes on GDP. Indicators such as geographical location, history and the state of the economy played a role in this selection. In accordance with the environmental policy of the European Union, the basic principles are considered non-binding rules on which decisions and programs are based. In the Treaty of the European Community, these principles are established in Article 174 par. 2. It is necessary to have an overview of all principles to reveal the functionality of environmental policy in the EU correctly. In the post, we will focus on mining companies (mining sector), where we will focus on the environmental fund.