Taxation regimes to reflect impacts on the environment

Tue, Jun 8, 2010

Major findings include the news that over half of all world food crops are now fed to animals, and that a doubling of wealth leads typically to an increase of environmental pressure by 60 to 80 per cent. The 149-page report, put together by the International Panel for Sustainable Resource Management, indicates that legislators and policymakers looking to make the most impact on the Earth’s well-being should use taxes and other incentives to encourage more eco-friendly agricultural practices and reduce the use of fossil fuels.  
Full details of the report are available at http://europa.eu/rapid/pressReleasesAction.do?reference=IP/10/657&format=HTML&aged=0&language=EN&guiLanguage=en

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