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Recipient markets should bear financial responsibility for pollution generated
by kingkawn 6y ago
Recipient markets should bear financial responsibility for pollution generated
- Schiendelman 6y agoDoesn’t that incentivize every least developed country to create dirty industry?
- philipkglass 6y agoThat's only if the dirty industry is strictly for domestic use. If they export to countries that impose carbon taxes on end users, dirtier processes will make their exports less price competitive. That encourages producers to invest in cleaner energy for energy intensive goods. It really doesn't matter whether the tax is collected at the export-producing end or the import-consuming end as long as it provides the same price signal.