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The idea of a carbon tax, long favored by many economists as the most straightforward way of deterring pollution, has been kicking around the Capitol for years, but has never gained a broad following.
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Taxes have been used be fore for many specific and de sirable social purposes — such is to spur investment or to deter pollution.
The glut of allowances on the market, estimated at about two billion tons, has brought the carbon price down to a level so low that it does little to deter pollution.
MPs, thinktanks and campaigners say the government needs to do much more to cut air pollution, including introducing a scrappage scheme for old, dirty diesel vehicles, giving dozens of cities stronger powers to deter polluting vehicles with charging schemes and acting to cut pollution from farms.
The commission is seeking compensatory damages for lost aquatic life and angling opportunities as well as punitive damages to deter future pollution.
High prices discourage pollution.
What about a more modest (and less Maoist) approach: using market-driven prices to deter waste and pollution?Market solutions do not come naturally to Chinese officials.
- An assessment at Community level that the existing regulations to deter ship-source pollution have not worked.
Unlike the registration tax, such measures deter driving polluting cars in cities. Ministers are also thinking about increasing the tax on diesel fuel and further action to stop drivers removing pollution filters from exhausts.
Finally, the zero cost of the allowance may not necessarily deter firms from making pollution abating behavioral changes.
Power deterring power.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com