Governmental Economic Payments & Incentives
¥zum Beispiel:
–government
grants
–investment
tax credits
–conservation
tax credits for pollution abatement equipment
¥Advantages:
–focus
upon prevention rather than remedial action
–meet
with less opposition
–decrease
private production and construction costs
–can
lead to higher profits and cheaper homes
–improve enterprise competitiveness in international
markets (WTO????)
¥Disadvantages:
–do
little to internalize costs
–lower Òprivate costsÓ -> over
consumption of pollution generating activities
–increase output rather than conserve resources &
improve environment
–use
rather than generate tax revenues
–susceptible
to political & financial influence
–difficult
to discontinue when no longer needed
–divert
tax revenues away from other needs
