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1994 | OriginalPaper | Chapter

Pollution Taxes — The Preferred Means of Incorporation of Environmental Externalities

Author : Richard L. Ottinger

Published in: Social Costs of Energy

Publisher: Springer Berlin Heidelberg

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Internalizing the environmental costs imposed on society by polluters is the wave of the future in addressing environmental degradation. By signalling to industry the true societal costs of their operations, inclusion of environmental costs in the price of goods produced gives an economic incentive to industry to reduce pollution. This can be an important supplement to regulation.

Metadata
Title
Pollution Taxes — The Preferred Means of Incorporation of Environmental Externalities
Author
Richard L. Ottinger
Copyright Year
1994
Publisher
Springer Berlin Heidelberg
DOI
https://doi.org/10.1007/978-3-642-85120-9_16