Tax the Activities That Pollute the Planet

People need to be punished for doing things that damage the planet. The only way to do this is by putting tax on such activities. Setting target years to ban fossil fuel burning cars will not work. People need to be enticed to change their ways. Riding a bike is an option that people can make

It seems way impact climate change reduce pollution regulation. Such ideas banning petrol diesel cars 2030 not work, however. People have learn live luxury jumping car driving road. There must form "punishment" driving car. Sure using bicycle virtually free. Obviously, punishment not high enough yet make you bike

There doubt cost motoring rise dramatically future countries accept human cause unhealthy planet. This obvious even now governments addicted taxation.real answer change people life habits make financially painful damage environment.

It costs less 000 a year now to register a car. In coming years this will rise to a realistic level of $5,000 year now register car. In coming years rise realistic level $5,000. It hurt. Prices shops increase, but standard living has fall cover full cost green environment. Tax oil based fuel must go least 500 percent. Coal must given high tax. Power stations using pump tons carbon dioxide.price electricity dirty power stations must pushed up. Producing own solar power choice you make.

There political consequences dramatic change people lives.poor attack wealthy they see rich more easily cope burden. A more equitable distribution wealth countries result. Executive bonuses main target.

This scenario happen planet saved. Continuing current destructive path result millions deaths natural disasters weather moves fro. City infrastructures collapse cost maintaining them rises repeated damage bad weather. Man move back primitive living conditions fresh water tap effective sanitation systems.

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executive education navigator mba jobs board learning.ly economist store economist intelligence unit economist corporate network economist subscribe taxes cleaner planet enthusiasts green taxes promise double blessing better environment healthier economy good true print-edition icon print edition finance economics jun 26th 19 twitter icon facebook icon linkedin icon mail icon print icon week earth summit new york see article has shown easy talk cleaning planet—and difficult few governments have kept promises they made five years ago rio de janeiro cut emissions greenhouse gases few seem keen try much harder now get daily newsletter upgrade inbox get daily dispatch editor picks there however lack ideas making greener world recent years governments mainly europe have been trying economic tools particularly taxes pollution next may britain its budget july 2nd expected raise green taxes argument levies seductive their keenest advocates say environmental taxes good not earth but economy le there truth green taxes not environmental economic panacea they may seem regulation may obvious way cut pollution governments simply ban dirty activities force companies clean technology catalytic converters cars desulphurisation equipment coal-fired power stations but regulation tends make polluters specific technology rather investing cleaner production methods often forces polluters undertake same sort clean-up individual clean-up costs vary enormously economic theory suggests market mechanisms offer more efficient ways resolve problems economists pollution gets hand prices goods services not reflect costs environmental degradation passengers aeroplane flying low overhead not pay disturbance engine noise causes ground car buyers pay labour steel paint but price sticker may not reflect full cost noxious goo car factory spills river drivers course spread exhaust fumes they motor costs borne others perhaps many years form discomfort health damage loss pleasures benefits clean environment point not there should pollution worth putting exchange benefits economic activity rather objective make polluters face true costs they taxation way economists add second argument green taxes governments raise revenue taxes but have economic cost income taxes reduce incentive work payroll taxes reduce incentive employers take workers revenue green taxes.

governments cut taxes still raise same total amount particular cutting taxes clogging labour market should create jobs hence green taxes have double dividend not they reduce distorted price signals cost using environment but they allow distortions elsewhere economy alleviated governments arguments proving persuasive regulation remains usual form environmental policy green taxes gaining ground several countries have raised petrol taxes now tax leaded petrol far more heavily unleaded fuel sweden taxes batteries belgium has levy disposable razors italy taxes polythene carrier bags charges household rubbish collections now common america keenest denmark finland netherlands norway sweden now tax emissions carbon dioxide main greenhouse gas moreover green-tax revenues being recycled hope yielding double dividend danes dutch finns swedes using revenues environmental taxes reduce taxes labour britain tax disposal waste landfill sites being used pay small cut payroll tax free green lunch but much green taxes achieve welcome addition fiscal armoury they far being cure-all starters there may not much scope using green taxes cut labour taxes boost employment taxes polluting industries raise price their output cutting consumers demand their products—this precisely purpose taxes—and hence industries demand labour higher prices turn leave people less spend costing jobs elsewhere least short term second difficulty there trade-off efficacy green taxes instruments environmental policy their power revenue-raisers taxes cut pollution dramatically not yield much revenue long run companies responded sulphur tax eliminating sulphur emissions say tax revenue would fall nil governments would have go back more conventional sources revenue likely happen clean lightly taxed substitutes replace heavily taxed goods thus oecd says sweden dirtier automotive diesel has been taxed relatively heavily 19 almost diesel now cleanest type sulphur emissions diesel vehicles have fallen norway carbon-dioxide tax has prompted switch away fossil fuels cutting emissions power stations factories -fifth 19 instances however substitutes harder find green taxes then promising sources revenue but little themselves change people behaviour reduce pollution higher petrol taxes prices example have done little curb car oecd countries even norway carbon-dioxide tax has cut emissions vehicles perhaps 2- year green taxes good yes they signal polluters environment valuable tax system includes them distort economic activity less.

not but governments should not need greenery excuse make labour taxes less damaging environmental protection worthwhile anyway print-edition icon print edition finance economics jun 26th 19 twitter icon facebook icon linkedin icon mail icon print icon reuse content economist you’ve seen news now discover story get incisive analysis issues matter you read each issue cover cover listen audio edition scan headlines phone time economist always well spent enjoy great savings receive free notebook year review economist’s ten popular articles 201 pieces caught readers’ attention best young economists pick decade’s eight best young economists world 201 half world online 201 courting controversy supreme court’s term likely heat 201 democracy america matter opinion make opinion matter subscribe now each week million subscribers trust us help them make sense world join them subscribe economist today enjoy great savings plus receive free notebook sign continue reading three free articles

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