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- Title
Putting a price tag on emissions and resources: An economist's view on policy interventions for intergenerational fairness and sustainability.
- Authors
Stephan, Gunter
- Abstract
Modern economies are confronted with major problems: the exhaustion of natural resources, the degradation of the environment and the financing of the needs of an aging population - all challenge the welfare of both present and future generations. This paper discusses a proposal which is designed to bring about a double dividend. On the one hand, a virgin resource tax could stimulate the reduction of natural resource use by making sustainable technologies economically profitable. On the other hand, it could provide a way to finance the pension system.
- Subjects
PRICE marks; NATURAL resources; ECONOMISTS; FAIRNESS; SUSTAINABILITY
- Publication
GAIA: Ecological Perspectives for Science & Society, 2020, Vol 29, Issue 4, p215
- ISSN
0940-5550
- Publication type
Article
- DOI
10.14512/gaia.29.4.3