Encyclopedia > Dirty subsidy

  Article Content

Pollution credit

Redirected from Dirty subsidy

A pollution credit is a payment or incentive by a government to a private corporation (or another level of government) that encourages waste of raw materials, natural resources, energy, or results in pollution or other human health hazards.

Green economics often focuses on the impact of eliminating such subsidies, and implementing what is sometimes called full cost accounting although the notion of a "cost" is so political as to render this phrase almost meaningless. Green politics focuses on actually eliminating the subsidies by seeking change to agricultural policy and industrial policy, as well as tax, tariff and trade rules that favor imports from jurisdictions that offer such subsidies.

See also: accounting reform



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
Anna Karenina

... him in this plan, but, later that evening, Kitty rejects him in the expectation that Vronsky is about to propose to her. The following morning Stiva and Vronsky are ...

 
 
 
This page was created in 50.6 ms