MARKETABLE POLLUTION RISK: A POTENTIAL POLICY FOR AGRICULTURE

Pollution reduces society's welfare, and efforts to minimise it may be costly. The "polluter pays" principle can be used to determine optimum levels where marginal gains of abatement equal marginal cost. It is possible to involve insurance for this purpose; there are reasons to expect pollution insurance to be more efficient than most other proposals. However, compulsion is needed for such a market to develop, and to forestall non-insurance and default by polluters.


Other Titles:
BEMARKBARE BESOEDELINGSRISIKO: 'N POTENSIELE BELEID VIR DIE LANDBOU
Issue Date:
1995-12
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/267845
ISSN:
0303-1853
Language:
English
Published in:
Agrekon, Volume 34, Issue 4
Page range:
226-230




 Record created 2018-02-05, last modified 2018-04-02

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