Resource Use & Pollution Emission Charges - 2
¥Disadvantages:
–how to find equilibrium level of
fees
–inflation -> increase in pollution
& resource use waste unless inflation adjustment is built-in
–in U.S. thus far, strong opposition to
economically rational methods
–approach not accepted by politicians,
nor ÒGreensÓ
–only modest charges such as water use
and sewage processing fees
–rarely have fees been high enough to
elicit significant resource
use conservation behaviors
–
