The Morality of Market Mechanisms to Control Pollution
Wilfred Beckerman and
Authors registered in the RePEc Author Service: David Bloom
World Economics, 2003, vol. 4, issue 3, 191-207
The use of pollution charges or tradeable permits to reduce pollution has been condemned by many environmentalists and some philosophers on the grounds that (i) pollution is inherently immoral; (ii) environmental assets are not appropriately valued in monetary terms; and (iii) the sale of â€˜environmental indulgenciesâ€™ is inequitable since it unfairly favours the rich. In this article it is argued that all these arguments are invalid.
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Persistent link: https://EconPapers.repec.org/RePEc:wej:wldecn:154
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