Home->Programs->Sustainable World->Economics and the Environment->Creating Economic Models Assessing True Environmental and Social Costs
Initiatives
Creating Economic Models Assessing True Environmental and Social Costs
Balancing Economics and the Environment
Reforming International Financial Institutions
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Why is it Market price usually does not reflect the true cost of economic activities. Environmental and social burdens are externalized, so when consumers purchase goods and services, their choices aren't informed by important consequences of their decisions. Internalizing these burdens will allow market forces to assist rather than undermine environmental protection.
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What needs to Tax waste, not work. Tax shifts should be encouraged that penalize inefficiency and waste, and encourage investment. labor and savings. Polluter pays policies should be developed and implemented. As a specific example, pesticide registration fees should be increased dramatically to reflect the health costs they incur and the administrative costs to government they create.
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Who is working on it? American Planning Association
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