Description
Book SynopsisGreening the Budget regards the fundamental cause of environmental degradation as government and market failure and proposes the use of budgets as an instrument of environmental policy to rectify this problem. The book focuses on the elements of the public budget which currently affect the environment and explores the scope for greening both revenue and expenditure through specific measures.
The authors begin by considering the effects of removing environmentally damaging subsidies and the potential for correcting market failure by way of appropriate pricing. They go on to examine the introduction of new taxes following the 'polluter pays' principle and, in contrast, the allocation of incentives for those who take the environmentally preferred course of action. They also explore the environmental and budgetary implications of European Union financial transfers by looking at a case study of the agricultural sector. The book concludes by addressing public purchasing and administration.
This book will be of particular interest and value to scholars of environmental economics, researchers involved in environmental policy, and environmental consultants, practitioners and policymakers.
Trade Review‘Greening the Budget
offers a useful, and welcome, addition to the literature available to the environmental policymaker. The book can inspire policymakers to take a fresh look at old problems, help us to ask new questions and stimulate proposals for new solutions . . . Students of things environmental will find the book an inspiration for essay projects and research programs.' -- Thorolfur Matthiasson, Environmental and Resource Economics
Table of ContentsContents: Foreword Preface Part I: Environmentally Damaging Subsidies Part II: Taxes and Charges Part III: Subsidies for Environmental Purposes Part IV: European Financial Transfers Part V: Public Purchasing and Administration Index
