This report has been prepared by the London Environmental Economics
Centre (LEEC). LEEC is a joint venture, established in 1988, by the
International Institute for Environment and Development (IIED) and
the department of Economics of University College London (UCL).
Popularly known as The Pearce Report, this book is a report
prepared for the Department of the Environment. It demonstrates the
ways in which elements in our environment at present under threat
from many forms of pollution can be costed. The book goes on to
show ways in which governments are able, as a consequence of this
analysis, to construct systems of taxation which would both reduce
pollution by making it too costly and generate revenue for cleaning
up much of the damage. The book ends with a series of skeleton
programmes for progress.
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