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Sustainability

Tax 'societal ills' to save the planet

Funding is a major stumbling block for environmental initiatives, says Edward Barbier. Taxing financial transactions or trade in arms, tobacco and fuel might help.

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Correspondence to Edward Barbier.

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Barbier, E. Tax 'societal ills' to save the planet. Nature 483, 30 (2012). https://doi.org/10.1038/483030a

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  1. Mr Barbier's recommendation is very like Pigovian/Pigouvian taxes on negative externalities, named after British economist Arthur Pigou.

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