Tax Incentive

{
  "id": "MLC-T-ENV-027690",
  "term": "Tax Incentive",
  "field": "Environment",
  "definition": "Fees, charges, and taxes are widely used incentives which generally place a per unit monetary charge (or fee or tax) on pollution emissions or waste to reduce the overall quantity. The main drawback is that fees, charges and taxes cannot guarantee a specific amount of pollution reduction, only that those who pollute will be penalized. Examples include pollution taxes, water user fees, wastewater discharge fees, and solid waste disposal fees.",
  "references": [
    "EPA Economic Incentives at http://yosemite.epa.gov/EE%5Cepa%5Ceed.nsf/webpages/EconomicIncentives.html"
  ],
  "url": "https://mlchart.com/terminology/environment/tax-incentive/"
}