Researching effects of fiscal policy on innovation of environmental technologies
- Investigating effects of environmental regulatory policy on diffusion of cleanup technology
Context
Governments should use market mechanisms to encourage actions that work towards the goal of sustainable development. Favourable treatment of investments in clean technologies, within a revenue-neutral tax shift, could speed their introduction. Such instruments will encourage, rather than force, industry to improve and reward companies which pursue good environmental management in keeping with sustainable development, often inducing improvements that go beyond minimum standards.
Claim
Many advances which meet social needs or help preserve the environment fail to meet the narrow criteria of return on financial investment. They require appropriate policies and government backing to bring about their benefits.
Broader
Facilitates
Facilitated by
Related
Problem
Value
SDG
Metadata
Database
Global strategies
Type
(G) Very specific strategies
Subject
Commerce » Taxation
Societal problems » Hygiene
Research, standards » Research
Research, standards » Investigations
Law » Regulation
Technology » Technology
Environment » Environment
Policy-making » Policy
Content quality
Yet to rate
Language
English
Last update
Dec 3, 2024