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