Putting a price tag on emissions and resources: An economist’s view on policy interventions for intergenerational fairness and sustainability

DOI
Publisher DOI
Abstract
Modern economies are confronted with major problems: the exhaustion of natural resources, the degradation of the environment and the financing of the needs of an aging population ‐ all challenge the welfare of both present and future generations. This paper discusses a proposal which is designed to bring about a double dividend. On the one hand, a virgin resource tax could stimulate the reduction of natural resource use by making sustainable technologies economically profitable. On the other hand, it could provide a way to finance the pension system.
Date Issued
2020
Publication Type
Article
Subject(s)
Language(s)
en
Author(s)
Additional Credits
Journal
Gaia : ecological perspectives for science and society
Publisher
Oekom Verlag
ISSN
0940-5550
Access(Rights)
open.access
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