Tax schemes for environmental payoff.A new policy brief from the World Resources Institute Founded in 1982, the World Resources Institute (WRI) is an environmental think tank based in Washington, D.C. WRI is an independent, non-partisan and nonprofit organization with a staff of more than 100 scientists, economists, policy experts, business analysts, statistical and the Brookings Institution Brookings Institution, at Washington, D.C.; chartered 1927 as a consolidation of the Institute for Government Research (est. 1916), the Institute of Economics (est. 1922), and the Robert S. Brookings Graduate School of Economics and Government (est. 1924). examines how different fiscal strategies can both raise money and benefit the environment. The brief discusses state-level initiatives that tax septic septic /sep·tic/ (sep´tik) pertaining to sepsis. sep·tic adj. 1. Of, relating to, having the nature of, or affected by sepsis. 2. systems and gasoline consumption as well as the federal law signed in 1989 that taxes certain ozone-depleting chemicals. This law brought about the 38% reduction in use of those chemicals in the year 1990 and raised almost $3 billion in its first five years. The brief also points out tax schemes that have had unintended adverse environmental effects. The authors propose water pollution, nitrogen fertilizer fertilizer, organic or inorganic material containing one or more of the nutrients—mainly nitrogen, phosphorus, and potassium, and other essential elements required for plant growth. , and carbon as viable options for taxation. The brief is available online at http://pdf.wri.org/greening_the_tax_code.pdf. edited by Erin E. Dooley |
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