We have proposed a number of strategies to internalize costs or benefits of activities through taxes or subsidies.
Area | Externalized Cost or Benefit | Proposed Action | See Also |
---|---|---|---|
Carbon Dioxide | CO2 emissions do harm to the environment and future generations | Carbon tax | Energy Pricing |
Learning By Doing | As a technology is deployed, costs fall, benefiting all producers | Subsidize nascent technology | Clean Energy Deployment |
Research and Development | R&D benefits all producers and society | Subsidize or public involvement in R&D | Research and Development |
Diet | Environmental costs of meat production | Meat tax | Impacts of Diets |
Antibiotic Resistance | Use of antibiotics, especially in animal agriculture, creates disease risk | Tax on antibiotics for livestocks | Risks in the Agricultural System |
Water | Economic and environmental costs of providing water often not priced | Water markets | Water Usage |
Wildfires | Cost of firefighting is external to development in wildland-urban-interface | Incorporate firefighting costs into development fees | Wildfire Management |
Mining | Environmental costs of mining and clean-up are not reflected in mining costs | Mining tax | Environmental Impacts of Mining |
Ecosystem Services | Value of nature is not reflected in markets | Ecosystem service tax for development | Environmental Valuation |
Infrastructure | Cost of infrastructure is not taken into account well in new development | Development fees should incorporate infrastructure and service cost | Costs from Sprawl |
Traffic Congestion | Taking up road space imposes unpriced costs on other motorists | Congestion pricing | Latent and Induced Demand |
Recycling | Unrecycled material is a lost economic opportunity | Tax on landfilling | Landfill Taxation |
Orbital Congestion | Satellites add an external cost in the form of risk of collision | Orbital Use Fee | Orbital Debris |