Chapter How can taxes support protection of environment?

A market economy driven by a price system, based on private ownership of the factors of production, competition, profit motives and utility maximization, can be used effectively and efficiently to protect environment. The key issue is to create the right market incentives for consumers and producers...

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מחבר ראשי: Neneman, Jarosław
פורמט: Online
שפה:פולנית
יצא לאור: Wydawnictwo Uniwersytetu Łódzkiego 2024
גישה מקוונת:ONIX_20240716_9788382208702_700
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author Neneman, Jarosław
author_browse Neneman, Jarosław
author_facet Neneman, Jarosław
author_sort Neneman, Jarosław
collection Directory of Open Access Books
description A market economy driven by a price system, based on private ownership of the factors of production, competition, profit motives and utility maximization, can be used effectively and efficiently to protect environment. The key issue is to create the right market incentives for consumers and producers. The tax system may play an important role, on the one hand by providing funds for environmental activities, and on the other hand, no less important, although widely underestimated, by internalizing negative externalities through Pigovian tax. Market-based instruments such as taxes, fees, cap-and-trade, and subsidies allow the achievement of environmental goals in a more efficient manner (that is at a lower cost) than the direct instruments (command and control). In Poland, the market instruments are very underutilized, e.g., there is no taxation on coal used in its most environmentally harmful use, i.e., for heating houses. This is mainly due too low social awareness.
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publishDate 2024
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spelling doab-20.500.12854ir-1416822024-07-16T16:12:26Z Chapter How can taxes support protection of environment? Neneman, Jarosław A market economy driven by a price system, based on private ownership of the factors of production, competition, profit motives and utility maximization, can be used effectively and efficiently to protect environment. The key issue is to create the right market incentives for consumers and producers. The tax system may play an important role, on the one hand by providing funds for environmental activities, and on the other hand, no less important, although widely underestimated, by internalizing negative externalities through Pigovian tax. Market-based instruments such as taxes, fees, cap-and-trade, and subsidies allow the achievement of environmental goals in a more efficient manner (that is at a lower cost) than the direct instruments (command and control). In Poland, the market instruments are very underutilized, e.g., there is no taxation on coal used in its most environmentally harmful use, i.e., for heating houses. This is mainly due too low social awareness. 2024-07-16T16:12:24Z 2024-07-16T16:12:24Z 2022 chapter ONIX_20240716_9788382208702_700 9788382208702 9788382208719 https://directory.doabooks.org/handle/20.500.12854/141682 pol image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://www.press.uni.lodz.pl/index.php/wul/catalog/book/501 Wydawnictwo Uniwersytetu Łódzkiego 10.18778/8220-870-2.04 A market economy driven by a price system, based on private ownership of the factors of production, competition, profit motives and utility maximization, can be used effectively and efficiently to protect environment. The key issue is to create the right market incentives for consumers and producers. The tax system may play an important role, on the one hand by providing funds for environmental activities, and on the other hand, no less important, although widely underestimated, by internalizing negative externalities through Pigovian tax. Market-based instruments such as taxes, fees, cap-and-trade, and subsidies allow the achievement of environmental goals in a more efficient manner (that is at a lower cost) than the direct instruments (command and control). In Poland, the market instruments are very underutilized, e.g., there is no taxation on coal used in its most environmentally harmful use, i.e., for heating houses. This is mainly due too low social awareness. 10.18778/8220-870-2.04 83bfe9c9-323d-4283-b087-d859fd9af314 9788382208702 9788382208719 65-90 open access
spellingShingle Neneman, Jarosław
Chapter How can taxes support protection of environment?
title Chapter How can taxes support protection of environment?
title_full Chapter How can taxes support protection of environment?
title_fullStr Chapter How can taxes support protection of environment?
title_full_unstemmed Chapter How can taxes support protection of environment?
title_short Chapter How can taxes support protection of environment?
title_sort chapter how can taxes support protection of environment
url ONIX_20240716_9788382208702_700
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