¥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
–