Pollution Tax

{
  "id": "MLC-T-ENV-021459",
  "term": "Pollution Tax",
  "field": "Environment",
  "definition": "Most environmental taxes are designed primarily to raise revenue, often to fund environmental protection activities. The economic rationale behind such taxes is that those who cause pollution should bear the costs. Such costs include both damages to the environment and the administrative costs incurred by the authorities that regulate polluters. To be economically efficient, environmental taxes should reflect both of these costs.",
  "subject": "Social and economic factors",
  "references": [
    "EPA The United States Experience with Economic Incentives for Pollution Control at http://yosemite.epa.gov/EE/epa/eed.nsf/webpages/USExperienceWithEconomicIncentives.html"
  ],
  "url": "https://mlchart.com/terminology/environment/pollution-tax/"
}