Internalization of Environmental Cost

By Beidi Shao

In the current environment concerned world economy, environmental costs became the pervasive topic affecting local, national and global economic developments. Through using the Cause-Effect Analysis, the author found out that a consequence from the externality of environmental costs is the market failure. Considering various environmental costs need to be differently measured, the author selects a case of CO₂ emission, which incontestably causes a kind of environmental costs. To internalize this kind of costs, CO₂ trading is most valuable being concerned, and it has been successfully applied in some of developed countries, especially in EU. For China, the author suggests an integrated method of CO₂ emission tax and CO₂ trading; the Clean Development Mechanism to balance the worldwide CO₂ credit trade; as well as the Green Manufacture to consolidate environmental costs during the production process. Those implementation approaches for internalizing the environmental cost incurred by CO₂ emission in China are recommended in this book. The author hopes this research could be shared with scholars who are interested in environmental cost related subjects.

• Format: Paperback
• Language: English
• ISBN: 3843390401
• ISBN13: 9783843390408
• Release Date: January 2011
• Publisher: LAP Lambert Academic Publishing
• Length: 76 Pages
• Weight: 0.27 lbs.
• Dimensions: 0.2" x 6.0" x 9.0"