Greening the Budget regards the fundamental cause of environmental
degradation as government and market failure and proposes the use
of budgets as an instrument of environmental policy to rectify this
problem. The book focuses on the elements of the public budget
which currently affect the environment and explores the scope for
greening both revenue and expenditure through specific measures.
The authors begin by considering the effects of removing
environmentally damaging subsidies and the potential for correcting
market failure by way of appropriate pricing. They go on to examine
the introduction of new taxes following the 'polluter pays'
principle and, in contrast, the allocation of incentives for those
who take the environmentally preferred course of action. They also
explore the environmental and budgetary implications of European
Union financial transfers by looking at a case study of the
agricultural sector. The book concludes by addressing public
purchasing and administration. This book will be of particular
interest and value to scholars of environmental economics,
researchers involved in environmental policy, and environmental
consultants, practitioners and policymakers.
General
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