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- Title
Accounting for Pollution: Pollution Abatement and the National Product.
- Authors
Weinrobe, Maurice
- Abstract
The subject of how to treat social costs in the social accounts is a matter of considerable import and vigorous current debate.' One aspect of the general subject is the proper treatment of current corrections to past problems such as expenditures to reduce pollution of air and water or the installation of more expensive jet engines in order to lower noise. This paper is addressed to the latter class of questions and specifically takes as its example pollution abatement devices (PADs). If we add devices to the production processes with the intent of controlling pollution, how should this affect the national product? The answer would appear to be obvious but it turns out to be an interesting problem in social accounting for which no completely adequate answer is presently possible. The volume of PADs presently in place is not substantial. The Council on Environmental Quality estimates total pollution control capital in place For 1970 as $25 billion. Over the next ten years, however, the cost of additional capital as well as operating costs are predicted to be much larger.
- Subjects
POLLUTION; POLLUTION &; economics; ACCOUNTING; TAX remission; ECONOMICS; GROSS national product; ENVIRONMENTAL auditing
- Publication
Land Economics, 1973, Vol 49, Issue 2, p115
- ISSN
0023-7639
- Publication type
Article
- DOI
10.2307/3145276