The Natural Wealth of Nations

The Natural Wealth of Nations

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Every year, the world's governments spend over US $700 billion subsidizing activities that harm the environment. The Natural Wealth of Nations shows how cutting these wasteful subsidies can actually boost the economy, save tax and help the environment. By raising taxes on harmful activities like air pollution whilst cutting taxes on payrolls and profits, pollution is discouraged and both work and investment boosted. In a comprehensive global survey, The Natural Wealth of Nations provides examples from Sweden to Spain to Malalysia of the growing number of countries that are successfully using these market-based approaches to clean up their environments. This is an accessible, practical book offering concrete proposals for cleaning up the world?s environment and overcoming ecological ignorance.In the meantime, even as fiscal reformers work to change the rules of the system, they should also do their best to play by the rules, ... ofOntario discovered the political merits of this approach when it adopted a taxon fuel-inefficient vehicles in 1991. ... Underthe system, for example, buyersof the fuel-efficient Chevrolet Sprintreceive a subsidy of $100 (Canadian) while buyers of the Ford Explorer sport utilityanbsp;...

Title:The Natural Wealth of Nations
Author:David Roodman
Publisher:Routledge - 2014-04-08


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